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These days, finding an affordable place to live in the Paoli area can be challenging. Home prices in Paoli are now at a median cost of $616,213, higher than the Pennsylvania average of $288,156.
The average cost of rent is $2,296/mo in Paoli, primarily driven by the current value of real estate in the Paoli area. In Paoli, 19.85% of households rent, and 32.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paoli is $13,841 per month. Households that rent pay about 16.59% of their income on rent here. Paoli’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Berwyn, PA: higher priced homes
- Malvern, PA: higher priced homes
- Chesterbrook, PA: less expensive homes
- Uwchland, PA: higher priced homes
- Devault, PA: higher priced homes
- Immaculata, PA: equally priced homes
- Valley Forge, PA: equally priced homes
- Devon, PA: higher priced homes
- Oaks, PA: less expensive homes
- Wayne, PA: higher priced homes
Cities with Similar Populations
- Smiths, AL: less expensive homes
- Shelley, ID: less expensive homes
- Silver Springs Shores, FL: less expensive homes
- Sinton, TX: less expensive homes
- Sisters, OR: higher priced homes
- Sitka, AK: less expensive homes
- Skidaway Island, GA: higher priced homes
- Skowhegan, ME: less expensive homes
- Sleepy Hollow, NY: higher priced homes
- Slinger, WI: less expensive homes
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