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Affordable
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These days, finding an affordable place to live in the Paragon area can be challenging. Home prices in Paragon are now at a median cost of $170,342, lower than the Indiana average of $232,932.
The average cost of rent is $1,214/mo in Paragon, primarily driven by the current value of real estate in the Paragon area. In Paragon, 11.49% of households rent, and 37.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paragon is $7,168 per month. Households that rent pay about 16.94% of their income on rent here. Paragon’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Whitaker, IN: higher priced homes
- Wakeland, IN: higher priced homes
- Browns Crossing, IN: higher priced homes
- Plano, IN: higher priced homes
- McDaniel, IN: higher priced homes
- Quincy, IN: equally priced homes
- Gosport, IN: equally priced homes
- Prather, IN: higher priced homes
- Martinsville, IN: higher priced homes
- Stinesville, IN: higher priced homes
Cities with Similar Populations
- Sligo, PA: less expensive homes
- Greeleyville, SC: less expensive homes
- Grissom, NC: higher priced homes
- Haskins, OH: higher priced homes
- Bayboro, NC: less expensive homes
- Long Lake, MN: higher priced homes
- Magnolia, KY: equally priced homes
- Morningside, MD: higher priced homes
- Rush, KY: less expensive homes
- Senath, MO: less expensive homes
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