Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merrimon area can be challenging. Home prices in Merrimon are now at a median cost of $322,934, higher than the North Carolina average of $226,477.
The average cost of rent is $812/mo in Merrimon, primarily driven by the current value of real estate in the Merrimon area. While nearly 54.60% of residents own their homes outright in Merrimon, 4.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merrimon is $4,934 per month. Households that rent pay about 16.45% of their income on rent here. Merrimon's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- South River, NC: higher priced homes
- Janeiro, NC: equally priced homes
- Harlowe, NC: less expensive homes
- Oriental, NC: equally priced homes
- Minnesott Beach, NC: less expensive homes
- Bettie, NC: less expensive homes
- Otway, NC: less expensive homes
- Arapahoe, NC: less expensive homes
- Pamlico, NC: equally priced homes
- Cherry Point, NC: less expensive homes
Cities with Similar Populations
- Leah, GA: less expensive homes
- Salesville, TX: less expensive homes
- Rutledge, MN: less expensive homes
- Rufe, OK: less expensive homes
- Round Valley, CA: higher priced homes
- Round Pond, ME: less expensive homes
- Litchfield, PA: less expensive homes
- Liscomb, IA: less expensive homes
- Limerick, NY: less expensive homes
- Liberty Pole, WI: less expensive homes
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