
Affordable
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These days, finding an affordable place to live in the Lovejoy area can be challenging. Home prices in Lovejoy are now at a median cost of $279,300, lower than the North Carolina average of $323,314.
The average cost of rent is $530/mo in Lovejoy, primarily driven by the current value of real estate in the Lovejoy area. In Lovejoy, 1.77% of households rent, and 44.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lovejoy is $5,688 per month. Households that rent pay about 9.32% of their income on rent here. Lovejoy’s most expensive areas are in the central 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
- Troy, NC: less expensive homes
- Uwharrie, NC: less expensive homes
- Star, NC: less expensive homes
- Ophir, NC: less expensive homes
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- Capelsie, NC: less expensive homes
- Roberdo, NC: less expensive homes
- Biscoe, NC: less expensive homes
- Wadeville, NC: less expensive homes
- Palmerville, NC: equally priced homes
Cities with Similar Populations
- Harvard, IA: less expensive homes
- Hamilton, ND: less expensive homes
- Hamlin, KS: less expensive homes
- Hammett, GA: less expensive homes
- Haneyville, PA: less expensive homes
- Hangman Crossing, IN: higher priced homes
- Hardwood, MI: less expensive homes
- Harmon, TX: less expensive homes
- Hartland, CA: less expensive homes
- Hamilton Meadows, OH: less expensive homes
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