Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merom area can be challenging. Home prices in Merom are now at a median cost of $157,427, lower than the Indiana average of $175,617.
The average cost of rent is $999/mo in Merom, primarily driven by the current value of real estate in the Merom area. While nearly 49.65% of residents own their homes outright in Merom, 16.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merom is $5,819 per month. Households that rent pay about 17.18% of their income on rent here. Merom's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Graysville, IN: equally priced homes
- Trimble, IL: less expensive homes
- New Lebanon, IN: equally priced homes
- Riverton, IN: equally priced homes
- Palestine, IL: less expensive homes
- Fairbanks, IN: less expensive homes
- Hutsonville, IL: less expensive homes
- York, IL: less expensive homes
- Gordons, IL: less expensive homes
- Sullivan, IN: less expensive homes
Cities with Similar Populations
- Joppa, IL: less expensive homes
- Silver Lake, NJ: higher priced homes
- Silver City, IA: higher priced homes
- Sideview, KY: higher priced homes
- Kimball Stand, NY: less expensive homes
- Kilgore, SC: less expensive homes
- Keene, OH: equally priced homes
- Kanosh, UT: higher priced homes
- Jordan, MT: equally priced homes
- Silverton, CO: higher priced homes
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