Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the North Salem area can be challenging. Home prices in North Salem are now at a median cost of $214,340, higher than the Indiana average of $175,617.
The average cost of rent is $1,000/mo in North Salem, primarily driven by the current value of real estate in the North Salem area. While nearly 24.68% of residents own their homes outright in North Salem, 12.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in North Salem is $5,382 per month. Households that rent pay about 18.59% of their income on rent here. North Salem's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Montclair, IN: higher priced homes
- Lizton, IN: less expensive homes
- New Winchester, IN: equally priced homes
- Jamestown, IN: less expensive homes
- Roachdale, IN: less expensive homes
- Groveland, IN: less expensive homes
- New Brunswick, IN: less expensive homes
- New Ross, IN: less expensive homes
- Reno, IN: equally priced homes
- Carpentersville, IN: less expensive homes
Cities with Similar Populations
- Hull, TX: less expensive homes
- Simpson, NC: less expensive homes
- Sciota, PA: equally priced homes
- Rutherford College, NC: less expensive homes
- Rock Point, AZ: less expensive homes
- Redby, MN: less expensive homes
- Pinetop Country Club, AZ: higher priced homes
- Legion, TX: higher priced homes
- Kilmichael, MS: less expensive homes
- Killdeer, ND: higher priced homes
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