Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Salem area can be challenging. Home prices in Mount Salem are now at a median cost of $117,570, lower than the Kentucky average of $164,895.
The average cost of rent is $648/mo in Mount Salem, primarily driven by the current value of real estate in the Mount Salem area. While nearly 59.48% of residents own their homes outright in Mount Salem, 20.06% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Salem is $3,747 per month. Households that rent pay about 17.29% of their income on rent here. Mount Salem's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Hustonville, KY: equally priced homes
- Middleburg, KY: less expensive homes
- Chicken Bristle, KY: higher priced homes
- McKinney, KY: equally priced homes
- Lawhorn Hill, KY: less expensive homes
- Milledgeville, KY: less expensive homes
- Kings Mountain, KY: less expensive homes
- Peytons Store, KY: equally priced homes
- Jumbo, KY: equally priced homes
- Turnersville, KY: less expensive homes
Cities with Similar Populations
- Uniopolis, OH: equally priced homes
- Drennen, WV: equally priced homes
- Drummond, MT: higher priced homes
- Du Bois, IL: equally priced homes
- East Baldwin, ME: higher priced homes
- East Dickinson, NY: equally priced homes
- Eggleton, WV: equally priced homes
- Trenton, KS: higher priced homes
- Tuscarora, PA: less expensive homes
- Tyner, IN: higher priced homes
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