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These days, finding an affordable place to live in the Faison area can be challenging. Home prices in Faison are now at a median cost of $123,867, lower than the North Carolina average of $323,314.
The average cost of rent is $952/mo in Faison, primarily driven by the current value of real estate in the Faison area. In Faison, 22.63% of households rent, and 64.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Faison is $4,686 per month. Households that rent pay about 20.32% of their income on rent here. Faison’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Calypso, NC: higher priced homes
- Mount Olive, NC: higher priced homes
- Giddensville, NC: less expensive homes
- Poplar Grove, NC: less expensive homes
- Bowdens, NC: equally priced homes
- Suttontown, NC: less expensive homes
- Friendship, NC: higher priced homes
- Keener, NC: equally priced homes
- Dobbersville, NC: less expensive homes
- Hopewell, NC: less expensive homes
Cities with Similar Populations
- Evensville, TN: higher priced homes
- Benzonia, MI: higher priced homes
- Beverly, WV: higher priced homes
- Bolivar Peninsula, TX: higher priced homes
- Brooklyn Heights, OH: higher priced homes
- Brooklyn, IA: higher priced homes
- Buckley, MI: higher priced homes
- Burlison, TN: higher priced homes
- Caledonia, OH: higher priced homes
- Candia, NH: higher priced homes
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