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These days, finding an affordable place to live in the Knotts Island area can be challenging. Home prices in Knotts Island are now at a median cost of $345,978, higher than the North Carolina average of $323,314.
The average cost of rent is $1,350/mo in Knotts Island, primarily driven by the current value of real estate in the Knotts Island area. In Knotts Island, 7.23% of households rent, and 45.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Knotts Island is $7,708 per month. Households that rent pay about 17.51% of their income on rent here. Knotts Island’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Currituck, NC: higher priced homes
- Sligo, NC: less expensive homes
- Maple, NC: equally priced homes
- Waterlily, NC: higher priced homes
- Snowden, NC: higher priced homes
- Dawley Corners, VA: higher priced homes
- Moyock, NC: higher priced homes
- South Mills, NC: equally priced homes
- Morgans Corners, NC: less expensive homes
- Lynchs Corner, NC: less expensive homes
Cities with Similar Populations
- Traer, IA: less expensive homes
- Earle, AR: less expensive homes
- Rozet, WY: equally priced homes
- Elkton, FL: higher priced homes
- Fairview-Ferndale, PA: less expensive homes
- Rockfield, KY: less expensive homes
- Titus, AL: less expensive homes
- Ventress, LA: equally priced homes
- Ceresco, MI: less expensive homes
- West Glendive, MT: less expensive homes
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