Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hancock area can be challenging. Home prices in Hancock are now at a median cost of $183,044, lower than the Maryland average of $357,815.
The average cost of rent is $901/mo in Hancock, primarily driven by the current value of real estate in the Hancock area. While nearly 42.47% of residents own their homes outright in Hancock, 29.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hancock is $4,568 per month. Households that rent pay about 19.73% of their income on rent here. Hancock's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Myersdale, MD: equally priced homes
- Plum Run, PA: equally priced homes
- Stohrs Crossroads, WV: higher priced homes
- Park Head, MD: equally priced homes
- Warfordsburg, PA: higher priced homes
- Cohill, MD: higher priced homes
- Berkeley Springs, WV: equally priced homes
- Dott, PA: higher priced homes
- Big Pool, MD: higher priced homes
- Indian Springs, MD: higher priced homes
Cities with Similar Populations
- Battle Ground, IN: higher priced homes
- North Shore, VA: higher priced homes
- Oakfield, NY: less expensive homes
- Lithopolis, OH: higher priced homes
- Sonora, TX: less expensive homes
- Greentown, PA: higher priced homes
- Frewsburg, NY: less expensive homes
- Edwards, MS: less expensive homes
- Deep Run, NC: less expensive homes
- Cold Spring Harbor, NY: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood