Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fernwood area can be challenging. Home prices in Fernwood are now at a median cost of $90,040, lower than the Mississippi average of $145,564.
The average cost of rent is $779/mo in Fernwood, primarily driven by the current value of real estate in the Fernwood area. While nearly 60.55% of residents own their homes outright in Fernwood, 24.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fernwood is $2,904 per month. Households that rent pay about 26.82% of their income on rent here. Fernwood's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Mccomb, MS: higher priced homes
- Magnolia, MS: equally priced homes
- Chatawa, MS: equally priced homes
- Summit, MS: higher priced homes
- McElveen, MS: higher priced homes
- Barto, MS: equally priced homes
- Holmesville, MS: higher priced homes
- Osyka, MS: less expensive homes
- Thompson, MS: higher priced homes
- Progress, MS: less expensive homes
Cities with Similar Populations
- Prince Chapel, MS: less expensive homes
- North Henderson, IL: equally priced homes
- North Lakeport, CA: higher priced homes
- North Otis, MA: higher priced homes
- North Pembroke, NY: higher priced homes
- Norvelt, PA: higher priced homes
- Oak Ridge Park, NC: equally priced homes
- Oconto, NE: higher priced homes
- Odessa, MN: higher priced homes
- Old Church, VA: higher priced homes
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