Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hermleigh area can be challenging. Home prices in Hermleigh are now at a median cost of $87,854, lower than the Texas average of $235,268.
The average cost of rent is $770/mo in Hermleigh, primarily driven by the current value of real estate in the Hermleigh area. While nearly 68.69% of residents own their homes outright in Hermleigh, 11.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hermleigh is $3,887 per month. Households that rent pay about 19.82% of their income on rent here. Hermleigh's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Hobbs, TX: higher priced homes
- Snyder, TX: higher priced homes
- Dunn, TX: equally priced homes
- Union, TX: higher priced homes
- Ira, TX: higher priced homes
- Palava, TX: higher priced homes
- Roby, TX: equally priced homes
- Vincent, TX: higher priced homes
- Sylvester, TX: higher priced homes
- Mc Caulley, TX: higher priced homes
Cities with Similar Populations
- Zuni, NM: less expensive homes
- Barney, GA: higher priced homes
- Ezel, KY: less expensive homes
- Santa Ysabel, CA: higher priced homes
- Palestine, AR: less expensive homes
- Peach Springs, AZ: less expensive homes
- Plains, KS: higher priced homes
- Plymouth, ME: higher priced homes
- Rileyville, VA: higher priced homes
- Riverside, WA: higher priced homes
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