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These days, finding an affordable place to live in the Fredonia area can be challenging. Home prices in Fredonia are now at a median cost of $179,508, lower than the Pennsylvania average of $288,156.
The average cost of rent is $944/mo in Fredonia, primarily driven by the current value of real estate in the Fredonia area. In Fredonia, 16.32% of households rent, and 61.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fredonia is $5,189 per month. Households that rent pay about 18.19% of their income on rent here. Fredonia’s most expensive areas are in the northeastern 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
- Kremis, PA: equally priced homes
- Reynolds Heights, PA: equally priced homes
- Mercer, PA: equally priced homes
- Clarks Mills, PA: equally priced homes
- Hadley, PA: less expensive homes
- Jackson Center, PA: higher priced homes
- Transfer, PA: less expensive homes
- Greenville, PA: less expensive homes
- Clark, PA: higher priced homes
- Pardoe, PA: higher priced homes
Cities with Similar Populations
- Baconton, GA: less expensive homes
- Belmont, OH: higher priced homes
- Blairs, VA: less expensive homes
- Caddo, OK: equally priced homes
- Colton, OR: higher priced homes
- Mardela Springs, MD: higher priced homes
- North Rock Springs, WY: higher priced homes
- North Eastham, MA: higher priced homes
- Norfolk, NY: less expensive homes
- Newbury, NH: higher priced homes
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