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These days, finding an affordable place to live in the Lavon area can be challenging. Home prices in Lavon are now at a median cost of $425,919, higher than the Texas average of $322,096.
The average cost of rent is $1,949/mo in Lavon, primarily driven by the current value of real estate in the Lavon area. In Lavon, 10.77% of households rent, and 24.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lavon is $11,508 per month. Households that rent pay about 16.94% of their income on rent here. Lavon’s most expensive areas are in the southern 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
- Nevada, TX: less expensive homes
- Copeville, TX: equally priced homes
- Wylie, TX: equally priced homes
- Fate, TX: equally priced homes
- Rockwall, TX: equally priced homes
- St. Paul, TX: higher priced homes
- Josephine, TX: less expensive homes
- Royse City, TX: less expensive homes
- Sachse, TX: equally priced homes
- Lavon Beach Estates, TX: equally priced homes
Cities with Similar Populations
- Indian River Estates, FL: less expensive homes
- West Harrison, IN: less expensive homes
- West Glens Falls, NY: less expensive homes
- Hughesville, PA: less expensive homes
- Hugo, OK: less expensive homes
- Humboldt, IA: less expensive homes
- Hunlock Creek, PA: less expensive homes
- Huntingdon, TN: less expensive homes
- Huntington, TX: less expensive homes
- Huntsville, AR: less expensive homes
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