Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Medon area can be challenging. Home prices in Medon are now at a median cost of $136,140, lower than the Tennessee average of $218,916.
The average cost of rent is $872/mo in Medon, primarily driven by the current value of real estate in the Medon area. While nearly 51.76% of residents own their homes outright in Medon, 19.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Medon is $5,100 per month. Households that rent pay about 17.10% of their income on rent here. Medon's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Parkburg, TN: equally priced homes
- Madison Hall, TN: less expensive homes
- Malesus, TN: equally priced homes
- Uptonville, TN: less expensive homes
- Teague, TN: less expensive homes
- Pinson, TN: less expensive homes
- Denmark, TN: less expensive homes
- Silerton, TN: less expensive homes
- Toone, TN: less expensive homes
- Montezuma, TN: less expensive homes
Cities with Similar Populations
- West Liberty, WV: less expensive homes
- Bethesda, OH: equally priced homes
- Big Pine, CA: higher priced homes
- Boaz, KY: less expensive homes
- Bright Star, TX: equally priced homes
- Cecil, GA: less expensive homes
- Seven Hills, AL: higher priced homes
- St. Clair Springs, AL: higher priced homes
- Scotts Hill, TN: less expensive homes
- Richfield, PA: higher priced homes
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