Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ermine area can be challenging. Home prices in Ermine are now at a median cost of $80,825, lower than the Kentucky average of $164,895.
The average cost of rent is $544/mo in Ermine, primarily driven by the current value of real estate in the Ermine area. While nearly 90.94% of residents own their homes outright in Ermine, 48.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ermine is $2,353 per month. Households that rent pay about 23.10% of their income on rent here. Ermine's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Thornton, KY: equally priced homes
- Whitesburg, KY: higher priced homes
- Millstone, KY: less expensive homes
- Mayking, KY: less expensive homes
- Seco, KY: less expensive homes
- Neon, KY: less expensive homes
- Isom, KY: higher priced homes
- Fleming-Neon, KY: less expensive homes
- Jeremiah, KY: higher priced homes
- Deane, KY: less expensive homes
Cities with Similar Populations
- Shelbyville, MO: equally priced homes
- Hertel, WI: higher priced homes
- Hickory Rock, NC: higher priced homes
- Hickory Valley, TN: higher priced homes
- Sagamore, MA: higher priced homes
- San Luis, CO: higher priced homes
- Savannah, OH: higher priced homes
- Savoonga, AK: equally priced homes
- Saybrook, OH: higher priced homes
- Schram City, IL: equally priced homes
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