Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Katama area can be challenging. Home prices in Katama are now at a median cost of $882,656, higher than the Massachusetts average of $477,554.
The average cost of rent is $1,427/mo in Katama, primarily driven by the current value of real estate in the Katama area. While nearly 50.40% of residents own their homes outright in Katama, 8.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Katama is $8,743 per month. Households that rent pay about 16.33% of their income on rent here. Katama's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Edgartown, MA: equally priced homes
- Oak Bluffs, MA: equally priced homes
- Vineyard Haven, MA: equally priced homes
- West Tisbury, MA: equally priced homes
- Menemsha, MA: higher priced homes
- Nashaquitsa, MA: higher priced homes
- Chilmark, MA: higher priced homes
- Menauhant, MA: less expensive homes
- Falmouth, MA: less expensive homes
- East Falmouth, MA: less expensive homes
Cities with Similar Populations
- Burr, NE: less expensive homes
- Sunnyside, PA: less expensive homes
- Sunset Beach, MI: less expensive homes
- Superior, WY: less expensive homes
- Surf, CA: higher priced homes
- Sutherland, KY: less expensive homes
- Suwannee, FL: less expensive homes
- Swiftwater, NH: less expensive homes
- Cannonville, UT: less expensive homes
- Canalou, MO: less expensive homes
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