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These days, finding an affordable place to live in the Park Head area can be challenging. Home prices in Park Head are now at a median cost of $275,774, lower than the Maryland average of $450,578.
The average cost of rent is $873/mo in Park Head, primarily driven by the current value of real estate in the Park Head area. In Park Head, 5.28% of households rent, and 59.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Park Head is $5,575 per month. Households that rent pay about 15.66% of their income on rent here. Park Head’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Indian Springs, MD: higher priced homes
- Big Pool, MD: higher priced homes
- Plum Run, PA: equally priced homes
- Hancock, MD: less expensive homes
- Stohrs Crossroads, WV: equally priced homes
- Sylvan, PA: equally priced homes
- Myersdale, MD: less expensive homes
- Big Cove Tannery, PA: less expensive homes
- Clear Spring, MD: higher priced homes
- Hedgesville, WV: equally priced homes
Cities with Similar Populations
- Shakerag, IL: less expensive homes
- Santee Circle, SC: less expensive homes
- Saratoga, MN: higher priced homes
- Sarcillo, CO: equally priced homes
- Sassafras, MD: higher priced homes
- Savageville, VA: higher priced homes
- Schrader, WV: less expensive homes
- Scotland Fork, MS: less expensive homes
- Segovia, TX: higher priced homes
- Sereno, MO: less expensive homes
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