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These days, finding an affordable place to live in the Mount Sylvan area can be challenging. Home prices in Mount Sylvan are now at a median cost of $312,177, lower than the Texas average of $322,096.
The average cost of rent is $1,363/mo in Mount Sylvan, primarily driven by the current value of real estate in the Mount Sylvan area. In Mount Sylvan, 30.88% of households rent, and 49.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Sylvan is $7,381 per month. Households that rent pay about 18.47% of their income on rent here. Mount Sylvan’s most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hideaway, TX: equally priced homes
- Lindale, TX: less expensive homes
- Wood Springs, TX: less expensive homes
- Pruitt, TX: less expensive homes
- Hoard, TX: less expensive homes
- West Mineola, TX: less expensive homes
- Van, TX: less expensive homes
- Mineola, TX: less expensive homes
- Sand Flat, TX: less expensive homes
- Jones, TX: less expensive homes
Cities with Similar Populations
- Marilla, NY: equally priced homes
- Sheffield, PA: less expensive homes
- Senecaville, OH: less expensive homes
- Ringwood, IL: equally priced homes
- Richland Junction, MI: less expensive homes
- Reedsville, OH: less expensive homes
- Redhouse, KY: less expensive homes
- Rayville, MO: less expensive homes
- Mount Ida, AR: less expensive homes
- Mifflin, PA: less expensive homes
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