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Affordable
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These days, finding an affordable place to live in the Funkstown area can be challenging. Home prices in Funkstown are now at a median cost of $236,137, lower than the Maryland average of $450,578.
The average cost of rent is $1,242/mo in Funkstown, primarily driven by the current value of real estate in the Funkstown area. In Funkstown, 48.05% of households rent, and 39.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Funkstown is $5,836 per month. Households that rent pay about 21.29% of their income on rent here. Funkstown’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hagerstown, MD: higher priced homes
- Halfway, MD: higher priced homes
- St. James, MD: higher priced homes
- Boonsboro, MD: higher priced homes
- Fairplay, MD: higher priced homes
- Fountainhead-Orchard Hills, MD: higher priced homes
- Williamsport, MD: higher priced homes
- Jugtown, MD: higher priced homes
- Burtner, MD: higher priced homes
- Bakersville, MD: higher priced homes
Cities with Similar Populations
- Temple, MI: less expensive homes
- Carlisle, SC: less expensive homes
- Carmine, TX: higher priced homes
- Cedar Rock, NC: higher priced homes
- Center Grove, AR: less expensive homes
- Chavies, KY: less expensive homes
- Cloverdale, MI: equally priced homes
- Continental Divide, NM: less expensive homes
- Craftsbury, VT: higher priced homes
- Sultana, CA: higher priced homes
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