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These days, finding an affordable place to live in the Parkton area can be challenging. Home prices in Parkton are now at a median cost of $533,933, higher than the Maryland average of $450,578.
The average cost of rent is $1,383/mo in Parkton, primarily driven by the current value of real estate in the Parkton area. In Parkton, 6.74% of households rent, and 29.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parkton is $13,425 per month. Households that rent pay about 10.30% of their income on rent here. Parkton’s most expensive areas are in the western 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
- Freeland, MD: equally priced homes
- Hereford, MD: equally priced homes
- White Hall, MD: equally priced homes
- New Freedom, PA: less expensive homes
- Monkton, MD: higher priced homes
- Sparks Glencoe, MD: equally priced homes
- Railroad, PA: less expensive homes
- Shrewsbury, PA: less expensive homes
- Upperco, MD: equally priced homes
- Stewartstown, PA: less expensive homes
Cities with Similar Populations
- Ridgeway, SC: less expensive homes
- Hartford, MI: less expensive homes
- Hato Viejo, PR: less expensive homes
- Hauula, HI: higher priced homes
- Hawkins, TX: less expensive homes
- Hawley, PA: less expensive homes
- Hawthorne, FL: less expensive homes
- Helendale, CA: less expensive homes
- Hensley, AR: less expensive homes
- Hewlett, NY: higher priced homes
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