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These days, finding an affordable place to live in the Ovalo area can be challenging. Home prices in Ovalo are now at a median cost of $204,061, lower than the Texas average of $322,096.
The average cost of rent is $1,272/mo in Ovalo, primarily driven by the current value of real estate in the Ovalo area. In Ovalo, 12.65% of households rent, and 57.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ovalo is $5,766 per month. Households that rent pay about 22.07% of their income on rent here. Ovalo’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tuscola, TX: higher priced homes
- Lawn, TX: less expensive homes
- Buffalo Gap, TX: higher priced homes
- Drasco, TX: equally priced homes
- Goldsboro, TX: less expensive homes
- Pumphrey, TX: less expensive homes
- Wingate, TX: equally priced homes
- Oplin, TX: equally priced homes
- Hylton, TX: less expensive homes
- Blackwell, TX: less expensive homes
Cities with Similar Populations
- Jimtown, WV: equally priced homes
- Salt Hill, WV: less expensive homes
- Klickitat, WA: higher priced homes
- Kite, KY: less expensive homes
- Kettlersville, OH: higher priced homes
- Kellerton, IA: less expensive homes
- Katie, OK: less expensive homes
- Kake, AK: equally priced homes
- Joseph, UT: higher priced homes
- Jordanville, NY: equally priced homes
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