Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Sherman area can be challenging. Home prices in Mount Sherman are now at a median cost of $117,310, lower than the Kentucky average of $164,895.
The average cost of rent is $592/mo in Mount Sherman, primarily driven by the current value of real estate in the Mount Sherman area. While nearly 51.70% of residents own their homes outright in Mount Sherman, 17.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Sherman is $3,747 per month. Households that rent pay about 15.79% of their income on rent here. Mount Sherman's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Buffalo, KY: higher priced homes
- Jericho, KY: higher priced homes
- South Buffalo, KY: higher priced homes
- Magnolia, KY: equally priced homes
- Linwood, KY: less expensive homes
- Summersville, KY: less expensive homes
- Coakley, KY: less expensive homes
- Mac, KY: higher priced homes
- Hodgenville, KY: equally priced homes
- Pike View, KY: less expensive homes
Cities with Similar Populations
- Dillon, IL: higher priced homes
- Findlay, IL: less expensive homes
- Fairdealing, KY: higher priced homes
- East Thetford, VT: higher priced homes
- East Eddington, ME: higher priced homes
- Early Branch, SC: less expensive homes
- Eads, CO: equally priced homes
- Downs Chapel, DE: higher priced homes
- Dog Ridge, TX: higher priced homes
- Dixon, NM: higher priced homes
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