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 $139,909, lower than the North Carolina average of $226,477.
The average cost of rent is $800/mo in Nebo, primarily driven by the current value of real estate in the Nebo area. While nearly 50.36% of residents own their homes outright in Nebo, 22.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nebo is $4,143 per month. Households that rent pay about 19.32% of their income on rent here. Nebo's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Marion, NC: equally priced homes
- Clinchfield, NC: higher priced homes
- Glen Alpine, NC: equally priced homes
- Vein Mountain, NC: higher priced homes
- Brindle Town, NC: less expensive homes
- Woodlawn, NC: higher priced homes
- Glenwood, NC: less expensive homes
- Morganton, NC: higher priced homes
- Greenlee, NC: higher priced homes
- Enola, NC: less expensive homes
Cities with Similar Populations
- Elizabeth, PA: equally priced homes
- Stewartstown, PA: higher priced homes
- Stevensville, MT: higher priced homes
- Stayton, OR: higher priced homes
- Stanford, KY: less expensive homes
- Estacada, OR: higher priced homes
- Ephrata, WA: higher priced homes
- Elwood, IN: less expensive homes
- Elmer, NJ: higher priced homes
- Elma, NY: higher priced homes
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