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These days, finding an affordable place to live in the Nicholsville area can be challenging. Home prices in Nicholsville are now at a median cost of $232,611, lower than the Michigan average of $250,415.
The average cost of rent is $980/mo in Nicholsville, primarily driven by the current value of real estate in the Nicholsville area. In Nicholsville, 10.26% of households rent, and 45.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nicholsville is $6,864 per month. Households that rent pay about 14.28% of their income on rent here. Nicholsville’s most expensive areas are in the northeastern 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
- Wakelee, MI: equally priced homes
- Marcellus, MI: less expensive homes
- Decatur, MI: less expensive homes
- Penn, MI: higher priced homes
- Glenwood, MI: less expensive homes
- Lawton, MI: equally priced homes
- Volinia, MI: equally priced homes
- Howardsville, MI: equally priced homes
- La Grange, MI: less expensive homes
- Vandalia, MI: equally priced homes
Cities with Similar Populations
- Almond, NC: higher priced homes
- Athens, IN: less expensive homes
- Bancroft, IA: less expensive homes
- Banks, AL: less expensive homes
- New Woodstock, NY: higher priced homes
- Pendleton, NC: less expensive homes
- Ozark, IL: less expensive homes
- Oliphant Furnace, PA: less expensive homes
- Old Field, NY: higher priced homes
- Oak Grove, IL: equally priced homes
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