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 $77,743, lower than the Illinois average of $242,002.
The average cost of rent is $581/mo in Nebo, primarily driven by the current value of real estate in the Nebo area. While nearly 52.43% of residents own their homes outright in Nebo, 8.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nebo is $4,944 per month. Households that rent pay about 11.75% of their income on rent here. Nebo's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Pleasant Hill, IL: equally priced homes
- Old Pearl, IL: higher priced homes
- Martinsburg, IL: higher priced homes
- Independence, IL: higher priced homes
- Mozier, IL: higher priced homes
- Pearl, IL: higher priced homes
- Bee Creek, IL: higher priced homes
- Time, IL: higher priced homes
- Summer Hill, IL: higher priced homes
- Clarksville, MO: higher priced homes
Cities with Similar Populations
- Sylvan, MN: higher priced homes
- David, KY: higher priced homes
- Defiance, IA: higher priced homes
- Dixie, VA: higher priced homes
- Douglas, TN: higher priced homes
- Dulles, VA: higher priced homes
- Emmons, MN: higher priced homes
- Sugar Grove, WI: higher priced homes
- Suwannee Springs, FL: higher priced homes
- Curdsville, VA: higher priced homes
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