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Affordable
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These days, finding an affordable place to live in the Lipan area can be challenging. Home prices in Lipan are now at a median cost of $255,966, lower than the Texas average of $322,096.
The average cost of rent is $1,594/mo in Lipan, primarily driven by the current value of real estate in the Lipan area. In Lipan, 12.86% of households rent, and 51.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lipan is $7,498 per month. Households that rent pay about 21.25% of their income on rent here. Lipan’s most expensive areas are in the northwestern 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
- Dennis, TX: higher priced homes
- Thorp Spring, TX: equally priced homes
- New Salem, TX: higher priced homes
- Patillo, TX: higher priced homes
- Brazos Bend, TX: higher priced homes
- Santo, TX: higher priced homes
- Granbury, TX: higher priced homes
- DeCordova, TX: higher priced homes
- Lone Camp, TX: equally priced homes
- Cresson, TX: higher priced homes
Cities with Similar Populations
- Bartonville, TX: higher priced homes
- Woolwich, ME: equally priced homes
- Smethport, PA: less expensive homes
- Seabrook, SC: higher priced homes
- Ronceverte, WV: less expensive homes
- Irving, NY: less expensive homes
- Elmwood, IL: less expensive homes
- El Cenizo, TX: less expensive homes
- Dixfield, ME: less expensive homes
- Constantia, NY: less expensive homes
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