Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Old Hill area can be challenging. Home prices in Old Hill are now at a median cost of $171,799, lower than the Springfield average of $254,441.
The average cost of rent is $979/mo in Old Hill, primarily driven by the current value of real estate in the Old Hill area. While nearly 34.82% of residents own their homes outright in Old Hill, 70.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Old Hill is $2,320 per month. Households that rent pay about 42.21% of their income on rent here. Old Hill's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Maple High-Six Corners, Springfield, MA: equally priced homes
- McKnight, Springfield, MA: less expensive homes
- Upper Hill, Springfield, MA: higher priced homes
- South End Springfield, Springfield, MA: equally priced homes
- Bay, Springfield, MA: less expensive homes
- Metro Center, Springfield, MA: less expensive homes
- Forest Park, Springfield, MA: higher priced homes
- East Forest Park, Springfield, MA: equally priced homes
- Liberty Heights, Springfield, MA: equally priced homes
- Memorial Square, Springfield, MA: less expensive homes
Neighborhoods with Similar Populations
- South Pointe, San Bernardino, CA: higher priced homes
- Northside Community, Chattanooga, TN: higher priced homes
- Oak Park, Jeffersonville, IN: equally priced homes
- Oakland-Winchell, Kalamazoo, MI: higher priced homes
- Old Town-Chinatown, Portland, OR: higher priced homes
- Riverbend, Tampa, FL: higher priced homes
- Robberson, Springfield, MO: less expensive homes
- Silver Rock, Rockville, MD: higher priced homes
- Slabtown, Portland, OR: higher priced homes
- Slater Park, Charlotte, NC: less expensive homes
All Local Stats
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