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These days, finding an affordable place to live in the Fairchance area can be challenging. Home prices in Fairchance are now at a median cost of $175,893, lower than the Pennsylvania average of $288,156.
The average cost of rent is $788/mo in Fairchance, primarily driven by the current value of real estate in the Fairchance area. In Fairchance, 33.65% of households rent, and 47.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fairchance is $5,088 per month. Households that rent pay about 15.49% of their income on rent here. Fairchance’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oliphant Furnace, PA: less expensive homes
- Smithfield, PA: less expensive homes
- Brownfield, PA: higher priced homes
- Gans, PA: equally priced homes
- Hopwood, PA: equally priced homes
- Uledi, PA: higher priced homes
- Uniontown, PA: less expensive homes
- Old Frame, PA: less expensive homes
- White House, PA: less expensive homes
- East Uniontown, PA: less expensive homes
Cities with Similar Populations
- Balcones Heights, TX: higher priced homes
- Ashville, NY: equally priced homes
- Osteen, FL: higher priced homes
- Riverside, AL: higher priced homes
- Magdalena, NM: less expensive homes
- Huntsburg, OH: higher priced homes
- Freer, TX: equally priced homes
- Fort Wingate, NM: less expensive homes
- Steep Falls, ME: higher priced homes
- Stockton, IL: less expensive homes
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