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These days, finding an affordable place to live in the McCordsville area can be challenging. Home prices in McCordsville are now at a median cost of $385,054, higher than the Indiana average of $232,932.
The average cost of rent is $1,505/mo in McCordsville, primarily driven by the current value of real estate in the McCordsville area. In McCordsville, 15.03% of households rent, and 18.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McCordsville is $10,217 per month. Households that rent pay about 14.73% of their income on rent here. McCordsville’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Woodbury, IN: less expensive homes
- Lawrence, IN: less expensive homes
- Fortville, IN: equally priced homes
- Fishers, IN: equally priced homes
- Mohawk, IN: less expensive homes
- Mount Comfort, IN: less expensive homes
- Ingalls, IN: less expensive homes
- Gem, IN: less expensive homes
- Cumberland, IN: less expensive homes
- Philadelphia, IN: less expensive homes
Cities with Similar Populations
- Three Rivers, MI: less expensive homes
- Bloomingdale, FL: equally priced homes
- Stallings, NC: higher priced homes
- Blytheville, AR: less expensive homes
- Bogalusa, LA: less expensive homes
- Boyertown, PA: less expensive homes
- Bellevue, WI: less expensive homes
- Brazil, IN: less expensive homes
- Tobyhanna, PA: less expensive homes
- Brevard, NC: equally priced homes
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