Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Matthews area can be challenging. Home prices in Matthews are now at a median cost of $327,621, higher than the North Carolina average of $226,477.
The average cost of rent is $1,489/mo in Matthews, primarily driven by the current value of real estate in the Matthews area. While nearly 24.97% of residents own their homes outright in Matthews, 27.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Matthews is $9,033 per month. Households that rent pay about 16.48% of their income on rent here. Matthews's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Stallings, NC: less expensive homes
- Lake Park, NC: less expensive homes
- Hemby Bridge, NC: less expensive homes
- Indian Trail, NC: less expensive homes
- Mint Hill, NC: less expensive homes
- Weddington, NC: higher priced homes
- Wesley Chapel, NC: equally priced homes
- Charlotte, NC: less expensive homes
- Pineville, NC: less expensive homes
- Unionville, NC: less expensive homes
Cities with Similar Populations
- East Honolulu, HI: higher priced homes
- Brea, CA: higher priced homes
- Brighton, MA: higher priced homes
- Cuyahoga Falls, OH: less expensive homes
- Martinez, CA: higher priced homes
- Newburgh, NY: less expensive homes
- New Albany, IN: less expensive homes
- Morrisville, PA: higher priced homes
- Morganton, NC: less expensive homes
- Milton, FL: less expensive homes
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