Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gnat Hill area can be challenging. Home prices in Gnat Hill are now at a median cost of $173,484, lower than the Tennessee average of $218,916.
The average cost of rent is $985/mo in Gnat Hill, primarily driven by the current value of real estate in the Gnat Hill area. While nearly 59.10% of residents own their homes outright in Gnat Hill, 8.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gnat Hill is $4,578 per month. Households that rent pay about 21.52% of their income on rent here. Gnat Hill's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Beechgrove, TN: less expensive homes
- Lewis Store, TN: equally priced homes
- Fredonia, TN: equally priced homes
- Bradyville, TN: equally priced homes
- Gossburg, TN: higher priced homes
- Union Ridge, TN: higher priced homes
- Shady Grove, TN: equally priced homes
- Ragsdale, TN: equally priced homes
- Morrison, TN: less expensive homes
- Wartrace, TN: higher priced homes
Cities with Similar Populations
- Fox Hill, AR: less expensive homes
- Smith-Lee, OK: less expensive homes
- Smith, KY: less expensive homes
- Silver Sands Beach, ID: higher priced homes
- Sigsbee, GA: less expensive homes
- Glenwood, OR: higher priced homes
- Glenn, IL: less expensive homes
- Glendevey, CO: higher priced homes
- Gidsville, VA: higher priced homes
- Gibson, IA: less expensive homes
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