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Affordable
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These days, finding an affordable place to live in the Mineral Point area can be challenging. Home prices in Mineral Point are now at a median cost of $114,874, lower than the Missouri average of $246,641.
The average cost of rent is $997/mo in Mineral Point, primarily driven by the current value of real estate in the Mineral Point area. In Mineral Point, 26.04% of households rent, and 53.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mineral Point is $4,269 per month. Households that rent pay about 23.35% of their income on rent here. Mineral Point’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Summit, MO: equally priced homes
- Frankclay, MO: less expensive homes
- Springtown, MO: higher priced homes
- Potosi, MO: higher priced homes
- Terre du Lac, MO: higher priced homes
- Happy Hollow, MO: higher priced homes
- Cadet, MO: higher priced homes
- Shibboleth, MO: equally priced homes
- Irondale, MO: higher priced homes
- Wortham, MO: equally priced homes
Cities with Similar Populations
- Bainbridge, OH: higher priced homes
- Winner, SD: higher priced homes
- Venetian Village, IL: higher priced homes
- Thomaston, ME: higher priced homes
- Spearman, TX: higher priced homes
- South Vienna, OH: higher priced homes
- Section, AL: higher priced homes
- Scotland Neck, NC: less expensive homes
- Robert, LA: higher priced homes
- Millville, PA: higher priced homes
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