Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hohenwald area can be challenging. Home prices in Hohenwald are now at a median cost of $114,500, lower than the Tennessee average of $218,916.
The average cost of rent is $692/mo in Hohenwald, primarily driven by the current value of real estate in the Hohenwald area. While nearly 53.76% of residents own their homes outright in Hohenwald, 20.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hohenwald is $3,572 per month. Households that rent pay about 19.38% of their income on rent here. Hohenwald's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Shubert, TN: higher priced homes
- Lomax Crossroads, TN: higher priced homes
- Kimmins, TN: higher priced homes
- Napier, TN: higher priced homes
- Hornertown, TN: higher priced homes
- Upper Sinking, TN: less expensive homes
- Sunrise, TN: higher priced homes
- Topsy, TN: equally priced homes
- Isom, TN: higher priced homes
- Pleasantville, TN: equally priced homes
Cities with Similar Populations
- Williamstown, MA: higher priced homes
- Kosciusko, MS: equally priced homes
- Kronenwetter, WI: higher priced homes
- Krum, TX: higher priced homes
- Kula, HI: higher priced homes
- La Cumbre, PR: higher priced homes
- La Grange, TX: higher priced homes
- La Joya, TX: less expensive homes
- La Junta, CO: equally priced homes
- Ladue, MO: higher priced homes
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