Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Homewood area can be challenging. Home prices in Homewood are now at a median cost of $108,700, lower than the Pennsylvania average of $222,630.
The average cost of rent is $695/mo in Homewood, primarily driven by the current value of real estate in the Homewood area. While nearly 42.53% of residents own their homes outright in Homewood, 6.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in Homewood is $6,384 per month. Households that rent pay about 10.89% of their income on rent here. Homewood's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Koppel, PA: less expensive homes
- Big Beaver, PA: higher priced homes
- West Mayfield, PA: equally priced homes
- Eastvale, PA: higher priced homes
- Ellwood City, PA: higher priced homes
- Beaver Falls, PA: higher priced homes
- Ellport, PA: equally priced homes
- New Beaver, PA: less expensive homes
- New Brighton, PA: higher priced homes
- Patterson Heights, PA: higher priced homes
Cities with Similar Populations
- Spring Valley, VA: higher priced homes
- Hatchel, TX: equally priced homes
- South Elm, TX: equally priced homes
- South Elma, WA: higher priced homes
- South Gardiner, ME: higher priced homes
- South Lubec, ME: equally priced homes
- Spade, TX: less expensive homes
- Speaks, TX: higher priced homes
- Spencertown, NY: higher priced homes
- Hatch, UT: higher priced homes
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