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These days, finding an affordable place to live in the North Spencer area can be challenging. Home prices in North Spencer are now at a median cost of $189,688, lower than the New York average of $610,895.
The average cost of rent is $1,780/mo in North Spencer, primarily driven by the current value of real estate in the North Spencer area. In North Spencer, 19.02% of households rent, and 38.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in North Spencer is $5,059 per month. Households that rent pay about 35.18% of their income on rent here. North Spencer’s most expensive areas are in the central 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
- Spencer, NY: equally priced homes
- Van Etten, NY: less expensive homes
- South Danby, NY: higher priced homes
- West Danby, NY: higher priced homes
- Willseyville, NY: less expensive homes
- West Candor, NY: equally priced homes
- Danby, NY: higher priced homes
- Newfield, NY: equally priced homes
- Erin, NY: less expensive homes
- Candor, NY: less expensive homes
Cities with Similar Populations
- Alberta, AL: less expensive homes
- West Tisbury, MA: higher priced homes
- Bowstring, MN: higher priced homes
- Braithwaite, LA: equally priced homes
- Bronaugh, MO: less expensive homes
- Woodville, NC: less expensive homes
- Barton City, MI: less expensive homes
- Wye Mills, MD: higher priced homes
- Bagwell, TX: less expensive homes
- Anton Chico, NM: less expensive homes
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