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These days, finding an affordable place to live in the Medora area can be challenging. Home prices in Medora are now at a median cost of $116,968, lower than the Indiana average of $232,932.
The average cost of rent is $913/mo in Medora, primarily driven by the current value of real estate in the Medora area. In Medora, 8.58% of households rent, and 53.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Medora is $6,208 per month. Households that rent pay about 14.70% of their income on rent here. Medora’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
- Vallonia, IN: higher priced homes
- Sparksville, IN: equally priced homes
- McKinley, IN: higher priced homes
- Leesville, IN: higher priced homes
- Millport, IN: higher priced homes
- Norman, IN: higher priced homes
- Kurtz, IN: higher priced homes
- Brownstown, IN: higher priced homes
- Wegan, IN: higher priced homes
- Tunnelton, IN: equally priced homes
Cities with Similar Populations
- Alstead, NH: higher priced homes
- Zilwaukee, MI: less expensive homes
- Zeigler, IL: less expensive homes
- Wyocena, WI: higher priced homes
- Woolwine, VA: higher priced homes
- Winchester, MO: higher priced homes
- West Point, KY: higher priced homes
- Villa Nova, OH: higher priced homes
- Hokah, MN: higher priced homes
- Donaldson, AR: higher priced homes
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