Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Nebo area can be challenging. Home prices in Nebo are now at a median cost of $65,651, lower than the Arkansas average of $160,541.
The average cost of rent is $501/mo in Nebo, primarily driven by the current value of real estate in the Nebo area. While nearly 70.07% of residents own their homes outright in Nebo, 26.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nebo is $2,922 per month. Households that rent pay about 17.15% of their income on rent here. Nebo's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Star City, AR: higher priced homes
- Tarry, AR: equally priced homes
- Crigler, AR: less expensive homes
- Glendale, AR: higher priced homes
- Palmyra, AR: higher priced homes
- Tamo, AR: higher priced homes
- Yorktown, AR: higher priced homes
- Hooker, AR: higher priced homes
- Grady, AR: less expensive homes
- Relfs Bluff, AR: higher priced homes
Cities with Similar Populations
- Griffith, MS: higher priced homes
- Townsend, MS: higher priced homes
- Topeka Junction, GA: higher priced homes
- Timber Hills, PA: higher priced homes
- Temperanceville, OH: higher priced homes
- Tatesville, PA: higher priced homes
- Talley, TN: higher priced homes
- Henderson, IL: higher priced homes
- Hagarstown, IL: higher priced homes
- Grubbs, AR: less expensive homes
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