Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mahomet area can be challenging. Home prices in Mahomet are now at a median cost of $311,462, higher than the Texas average of $235,268.
The average cost of rent is $971/mo in Mahomet, primarily driven by the current value of real estate in the Mahomet area. While nearly 44.18% of residents own their homes outright in Mahomet, 8.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mahomet is $7,575 per month. Households that rent pay about 12.81% of their income on rent here. Mahomet's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Briggs, TX: higher priced homes
- Bertram, TX: less expensive homes
- Florence, TX: equally priced homes
- Youngsport, TX: equally priced homes
- Burnet, TX: less expensive homes
- Jarrell, TX: less expensive homes
- New Corn Hill, TX: less expensive homes
- Bluffton, TX: less expensive homes
- Walburg, TX: equally priced homes
- Salado, TX: equally priced homes
Cities with Similar Populations
- Amherst Junction, WI: less expensive homes
- Bethany, IL: less expensive homes
- Brighton, MO: less expensive homes
- Charlestown, MD: equally priced homes
- Santa Clara, NM: less expensive homes
- Slater, IA: less expensive homes
- Rotan, TX: less expensive homes
- Roseland, FL: less expensive homes
- Riley, KS: less expensive homes
- Reagan, TN: less expensive homes
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