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Affordable
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These days, finding an affordable place to live in the Medicine Mound area can be challenging. Home prices in Medicine Mound are now at a median cost of $178,700, lower than the Texas average of $322,096.
The average cost of rent is $627/mo in Medicine Mound, primarily driven by the current value of real estate in the Medicine Mound area. In Medicine Mound, 30.14% of households rent, and 53.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Medicine Mound is $7,586 per month. Households that rent pay about 8.27% of their income on rent here. Medicine Mound’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chillicothe, TX: less expensive homes
- Quanah, TX: less expensive homes
- Tolbert, TX: less expensive homes
- Odell, TX: less expensive homes
- White City, TX: less expensive homes
- Vernon, TX: less expensive homes
- Fargo, TX: less expensive homes
- Lazare, TX: higher priced homes
- Swearingen, TX: less expensive homes
- Oklaunion, TX: less expensive homes
Cities with Similar Populations
- Orange Heights, FL: higher priced homes
- Oxoboxo River, CT: higher priced homes
- Oxley, AR: less expensive homes
- Owassa, AL: less expensive homes
- Outlook, MT: less expensive homes
- Ottumwa Junction, IA: higher priced homes
- Otsdawa, NY: higher priced homes
- Osnabrock, ND: less expensive homes
- Osborn, AL: equally priced homes
- Orinda Village, CA: higher priced homes
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