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These days, finding an affordable place to live in the Greenback area can be challenging. Home prices in Greenback are now at a median cost of $303,471, lower than the Tennessee average of $315,131.
The average cost of rent is $1,077/mo in Greenback, primarily driven by the current value of real estate in the Greenback area. In Greenback, 11.85% of households rent, and 44.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Greenback is $7,193 per month. Households that rent pay about 14.97% of their income on rent here. Greenback’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Morganton, TN: equally priced homes
- Tellico Village, TN: higher priced homes
- Glendale, TN: higher priced homes
- Friendsville, TN: equally priced homes
- Vonore, TN: higher priced homes
- Howard, TN: equally priced homes
- Poplar Springs, TN: higher priced homes
- Lakeside, TN: higher priced homes
- Maryville, TN: equally priced homes
- Fochee, TN: higher priced homes
Cities with Similar Populations
- Ada, OH: less expensive homes
- Street, MD: higher priced homes
- White Oak, TX: less expensive homes
- Strasburg, PA: higher priced homes
- Ardmore, AL: less expensive homes
- Windber, PA: less expensive homes
- Atkins, AR: less expensive homes
- Stedman, NC: less expensive homes
- Chatham, VA: less expensive homes
- Winfield, MO: less expensive homes
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