Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Nemo area can be challenging. Home prices in Nemo are now at a median cost of $282,534, higher than the South Dakota average of $199,518.
The average cost of rent is $1,177/mo in Nemo, primarily driven by the current value of real estate in the Nemo area. While nearly 61.66% of residents own their homes outright in Nemo, 8.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nemo is $5,002 per month. Households that rent pay about 23.52% of their income on rent here. Nemo's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Bethlehem, SD: equally priced homes
- Roubaix, SD: higher priced homes
- Tilford, SD: equally priced homes
- Silver City, SD: equally priced homes
- Summerset, SD: less expensive homes
- Piedmont, SD: less expensive homes
- Mystic, SD: equally priced homes
- Johnson Siding, SD: equally priced homes
- Black Hawk, SD: less expensive homes
- Galena, SD: less expensive homes
Cities with Similar Populations
- Walls Corners, PA: less expensive homes
- Devils Elbow, MO: less expensive homes
- Dewitt, IL: less expensive homes
- Dillon Falls, OH: less expensive homes
- Westfield, IA: equally priced homes
- West Leroy, MI: less expensive homes
- West Chili, NY: less expensive homes
- West Chester, IA: less expensive homes
- Wende, NY: less expensive homes
- Webster, WV: less expensive homes
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