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Affordable
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These days, finding an affordable place to live in the Merry Hill area can be challenging. Home prices in Merry Hill are now at a median cost of $142,039, lower than the North Carolina average of $323,314.
The average cost of rent is $826/mo in Merry Hill, primarily driven by the current value of real estate in the Merry Hill area. In Merry Hill, 31.32% of households rent, and 41.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Merry Hill is $4,122 per month. Households that rent pay about 20.03% of their income on rent here. Merry Hill’s most expensive areas are in the northwestern 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
- Perrytown, NC: equally priced homes
- Todds Crossroads, NC: equally priced homes
- Hancock, NC: higher priced homes
- Ellis Store, NC: equally priced homes
- Edenton, NC: higher priced homes
- Windsor, NC: less expensive homes
- Goose Pond, NC: equally priced homes
- Woodard, NC: equally priced homes
- Colerain, NC: equally priced homes
- Valhalla, NC: less expensive homes
Cities with Similar Populations
- Wesley, AR: higher priced homes
- Brownsville, WI: higher priced homes
- Bryant Pond, ME: higher priced homes
- Bulger, PA: higher priced homes
- Burgin, KY: higher priced homes
- Caldwell, KS: less expensive homes
- Celestine, IN: higher priced homes
- Wilbur, WA: higher priced homes
- Chesapeake, WV: less expensive homes
- Yalaha, FL: higher priced homes
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