Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merry Oaks area can be challenging. Home prices in Merry Oaks are now at a median cost of $320,303, higher than the North Carolina average of $226,477.
The average cost of rent is $761/mo in Merry Oaks, primarily driven by the current value of real estate in the Merry Oaks area. While nearly 26.24% of residents own their homes outright in Merry Oaks, 17.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merry Oaks is $5,704 per month. Households that rent pay about 13.35% of their income on rent here. Merry Oaks's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Moncure, NC: less expensive homes
- Osgood, NC: less expensive homes
- Fearrington, NC: higher priced homes
- Haywood, NC: less expensive homes
- Pittsboro, NC: higher priced homes
- Hollemans Crossroads, NC: higher priced homes
- Bynum, NC: equally priced homes
- Colon, NC: less expensive homes
- Gulf, NC: less expensive homes
- Corinth, NC: less expensive homes
Cities with Similar Populations
- North Victory, NY: less expensive homes
- Mount Pleasant, WV: equally priced homes
- Mount Zion, WV: less expensive homes
- Mountain Park, OK: less expensive homes
- Mutual, OK: less expensive homes
- New Albany, KS: less expensive homes
- Ninemile Corner, CO: less expensive homes
- Niota, IL: less expensive homes
- Norah, LA: less expensive homes
- North Fork, ID: less expensive homes
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