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These days, finding an affordable place to live in the Fredericktown area can be challenging. Home prices in Fredericktown are now at a median cost of $197,400, lower than the Kentucky average of $219,615.
The average cost of rent is $717/mo in Fredericktown, primarily driven by the current value of real estate in the Fredericktown area. In Fredericktown, 8.61% of households rent, and 63.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fredericktown is $7,561 per month. Households that rent pay about 9.48% of their income on rent here. Fredericktown’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Croakes, KY: equally priced homes
- Valley Hill, KY: higher priced homes
- Botland, KY: higher priced homes
- Cisselville, KY: higher priced homes
- St. Catharine, KY: higher priced homes
- Nerinx, KY: equally priced homes
- Springfield, KY: equally priced homes
- Maud, KY: equally priced homes
- Loretto, KY: equally priced homes
- Holy Cross, KY: equally priced homes
Cities with Similar Populations
- Iowa Center, IA: higher priced homes
- Hutchins, GA: equally priced homes
- Hutton, MD: higher priced homes
- Hyannis, NE: less expensive homes
- Hynson, MD: higher priced homes
- Imogene, IA: equally priced homes
- India, TX: higher priced homes
- Indian Grove, MO: equally priced homes
- Ingrams Mill, MS: higher priced homes
- Ino, WI: higher priced homes
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