Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hovey area can be challenging. Home prices in Hovey are now at a median cost of $202,600, higher than the Indiana average of $175,617.
The average cost of rent is $807/mo in Hovey, primarily driven by the current value of real estate in the Hovey area. While nearly 35.86% of residents own their homes outright in Hovey, 16.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hovey is $7,207 per month. Households that rent pay about 11.20% of their income on rent here. Hovey's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Upton, IN: equally priced homes
- Rising Sun, IL: less expensive homes
- Grafton, IN: less expensive homes
- Farmersville, IN: less expensive homes
- Mount Vernon, IN: less expensive homes
- New Haven, IL: less expensive homes
- Uniontown, KY: less expensive homes
- Caborn, IN: higher priced homes
- Marrs Center, IN: higher priced homes
- Emma, IL: less expensive homes
Cities with Similar Populations
- Harmans, MD: higher priced homes
- Ingraham, IL: less expensive homes
- Wadsworth, TX: less expensive homes
- Walnut Grove, AR: less expensive homes
- Warrens Corners, NY: less expensive homes
- Hull Prairie, OH: equally priced homes
- Holloway, MN: less expensive homes
- West Sullivan, MO: less expensive homes
- Westboro, MO: less expensive homes
- Hastings, OK: less expensive 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