Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hannibal area can be challenging. Home prices in Hannibal are now at a median cost of $247,806, higher than the Texas average of $235,268.
The average cost of rent is $1,101/mo in Hannibal, primarily driven by the current value of real estate in the Hannibal area. While nearly 56.37% of residents own their homes outright in Hannibal, 11.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hannibal is $6,492 per month. Households that rent pay about 16.95% of their income on rent here. Hannibal's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Huckabay, TX: less expensive homes
- Thurber, TX: less expensive homes
- Lingleville, TX: less expensive homes
- Patillo, TX: equally priced homes
- Stephenville, TX: less expensive homes
- Desdemona, TX: less expensive homes
- Welcome Valley, TX: higher priced homes
- Bluff Dale, TX: higher priced homes
- Ranger, TX: less expensive homes
- Staff, TX: less expensive homes
Cities with Similar Populations
- Lowndesboro, AL: less expensive homes
- Manor, GA: less expensive homes
- Manlius, IL: less expensive homes
- Manila, MO: less expensive homes
- Manderson, WY: less expensive homes
- Mahoneyville, NJ: less expensive homes
- Mahoney, TX: less expensive homes
- Mackinac Island, MI: higher priced homes
- Macedon Center, NY: less expensive homes
- Lytton, OH: less expensive homes
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