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Affordable
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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 $156,271, lower than the North Carolina average of $323,314.
The average cost of rent is $1,157/mo in Parkton, primarily driven by the current value of real estate in the Parkton area. In Parkton, 25.69% of households rent, and 43.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parkton is $5,313 per month. Households that rent pay about 21.78% of their income on rent here. Parkton’s most expensive areas are in the northeastern 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
- Hope Mills, NC: higher priced homes
- Lumber Bridge, NC: less expensive homes
- Rex, NC: less expensive homes
- St. Pauls, NC: less expensive homes
- Shannon, NC: less expensive homes
- Dundarrach, NC: less expensive homes
- Fayetteville, NC: higher priced homes
- Raeford, NC: higher priced homes
- Vander, NC: higher priced homes
- Red Springs, NC: less expensive homes
Cities with Similar Populations
- Snyderville, UT: higher priced homes
- Holtville, CA: higher priced homes
- Homeland, CA: higher priced homes
- Homer, AK: higher priced homes
- Homestead Meadows South, TX: higher priced homes
- Honeoye Falls, NY: higher priced homes
- Hortonville, WI: higher priced homes
- Inverness Highlands South, FL: higher priced homes
- Shrewsbury, MO: higher priced homes
- Sidney, NE: equally priced homes
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