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Affordable
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These days, finding an affordable place to live in the Cornelius area can be challenging. Home prices in Cornelius are now at a median cost of $676,545, higher than the North Carolina average of $323,314.
The average cost of rent is $1,822/mo in Cornelius, primarily driven by the current value of real estate in the Cornelius area. In Cornelius, 31.35% of households rent, and 29.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cornelius is $10,347 per month. Households that rent pay about 17.60% of their income on rent here. Cornelius’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Davidson, NC: equally priced homes
- Huntersville, NC: less expensive homes
- Denver, NC: less expensive homes
- Mooresville, NC: less expensive homes
- Machpelah, NC: less expensive homes
- Terrell, NC: less expensive homes
- Lake Norman of Catawba, NC: less expensive homes
- Mariposa, NC: less expensive homes
- Stanley, NC: less expensive homes
- Iron Station, NC: less expensive homes
Cities with Similar Populations
- Indiana, PA: less expensive homes
- Port Chester, NY: less expensive homes
- Oakton, VA: higher priced homes
- Oak Ridge, TN: less expensive homes
- Norwood, MA: equally priced homes
- Naugatuck, CT: less expensive homes
- Marysville, OH: less expensive homes
- Long Branch, NJ: equally priced homes
- Lewis Center, OH: less expensive homes
- Lafayette, CO: equally priced homes
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