Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Paloma area can be challenging. Home prices in Paloma are now at a median cost of $139,157, lower than the Illinois average of $242,002.
The average cost of rent is $844/mo in Paloma, primarily driven by the current value of real estate in the Paloma area. While nearly 37.50% of residents own their homes outright in Paloma, 10.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Paloma is $7,011 per month. Households that rent pay about 12.04% of their income on rent here. Paloma's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Coatsburg, IL: equally priced homes
- Columbus, IL: higher priced homes
- Fowler, IL: higher priced homes
- Mendon, IL: less expensive homes
- Camp Point, IL: less expensive homes
- Loraine, IL: less expensive homes
- Ursa, IL: equally priced homes
- Golden, IL: equally priced homes
- Liberty, IL: higher priced homes
- Quincy, IL: higher priced homes
Cities with Similar Populations
- Scott, OK: less expensive homes
- Louisburg, WI: higher priced homes
- Louvale, GA: higher priced homes
- Lower Bartlett, NH: higher priced homes
- Luckenbach, TX: higher priced homes
- Ludlow, MO: less expensive homes
- Luray, KS: less expensive homes
- Manila, CA: higher priced homes
- Matherton, MI: higher priced homes
- Sandusky, IN: higher priced homes
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