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Affordable
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These days, finding an affordable place to live in the Kersey area can be challenging. Home prices in Kersey are now at a median cost of $232,305, lower than the Indiana average of $232,932.
The average cost of rent is $1,424/mo in Kersey, primarily driven by the current value of real estate in the Kersey area. In Kersey, 16.27% of households rent, and 39.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kersey is $6,643 per month. Households that rent pay about 21.43% of their income on rent here. Kersey’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- DeMotte, IN: higher priced homes
- Wheatfield, IN: equally priced homes
- Tefft, IN: less expensive homes
- Roselawn, IN: equally priced homes
- Kouts, IN: higher priced homes
- Thayer, IN: higher priced homes
- Fair Oaks, IN: higher priced homes
- Shelby, IN: higher priced homes
- Gifford, IN: equally priced homes
- Hebron, IN: higher priced homes
Cities with Similar Populations
- New Memphis, IL: less expensive homes
- Rains, SC: less expensive homes
- North Epworth, MI: equally priced homes
- North Bend, WI: higher priced homes
- Nokomis, AL: less expensive homes
- Nocona Hills, TX: higher priced homes
- Niverville, NY: higher priced homes
- Nisqually Indian Community, WA: equally priced homes
- Nicolaus, CA: higher priced homes
- New Weston, OH: equally priced homes
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