Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fordville area can be challenging. Home prices in Fordville are now at a median cost of $108,697, lower than the Southgate average of $140,730.
The average cost of rent is $1,189/mo in Fordville, primarily driven by the current value of real estate in the Fordville area. While nearly 40.08% of residents own their homes outright in Fordville, 16.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fordville is $5,125 per month. Households that rent pay about 23.21% of their income on rent here. Fordville's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Mount Carmel, Wyandotte, MI: equally priced homes
- Emmons Orchard, Lincoln Park, MI: equally priced homes
- Downtown Wyandotte, Wyandotte, MI: higher priced homes
- Boynton, Detroit, MI: less expensive homes
- Snow Woods, Dearborn, MI: higher priced homes
- Southwestern Outer Drive, Dearborn, MI: higher priced homes
- West Downtown Dearborn, Dearborn, MI: higher priced homes
- Springwells, Detroit, MI: less expensive homes
- East Downtown Dearborn, Dearborn, MI: higher priced homes
- Southwest Detroit, Detroit, MI: less expensive homes
Neighborhoods with Similar Populations
- Mt Vernon Park, Lawrence, MA: higher priced homes
- Stone Meadows, Bakersfield, CA: higher priced homes
- Stockton, Camden, NJ: less expensive homes
- Springvale, San Antonio, TX: equally priced homes
- South Campus, Madison, WI: higher priced homes
- South Bank, Oxnard, CA: higher priced homes
- Sierra Montana, Surprise, AZ: higher priced homes
- Parkdale Viking Hills, Waco, TX: higher priced homes
- Paloma Lake, Round Rock, TX: higher priced homes
- Old Saginaw City, Saginaw, MI: less expensive homes
All Local Stats
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