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Affordable
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These days, finding an affordable place to live in the Fearrington area can be challenging. Home prices in Fearrington are now at a median cost of $658,430, higher than the North Carolina average of $323,314.
The average cost of rent is $2,052/mo in Fearrington, primarily driven by the current value of real estate in the Fearrington area. In Fearrington, 15.52% of households rent, and 26.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fearrington is $13,064 per month. Households that rent pay about 15.71% of their income on rent here. Fearrington’s most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bynum, NC: less expensive homes
- Pittsboro, NC: less expensive homes
- Hollemans Crossroads, NC: less expensive homes
- Moncure, NC: less expensive homes
- Merry Oaks, NC: less expensive homes
- New Hill, NC: equally priced homes
- Haywood, NC: less expensive homes
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- Cary, NC: less expensive homes
- Holly Springs, NC: less expensive homes
Cities with Similar Populations
- Hector, KY: less expensive homes
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- Whitesboro, OK: less expensive homes
- Hestand, KY: less expensive homes
- Herreid, SD: less expensive homes
- Heilwood, PA: less expensive homes
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