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Affordable
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These days, finding an affordable place to live in the Patterson Springs area can be challenging. Home prices in Patterson Springs are now at a median cost of $210,634, lower than the North Carolina average of $323,314.
The average cost of rent is $1,030/mo in Patterson Springs, primarily driven by the current value of real estate in the Patterson Springs area. In Patterson Springs, 26.07% of households rent, and 58.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Patterson Springs is $5,816 per month. Households that rent pay about 17.71% of their income on rent here. Patterson Springs’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Shelby, NC: equally priced homes
- Earl, NC: less expensive homes
- Grover, NC: less expensive homes
- Boiling Springs, NC: equally priced homes
- Lattimore, NC: less expensive homes
- Kings Mountain, NC: equally priced homes
- Blacksburg, SC: less expensive homes
- Waco, NC: less expensive homes
- Kingstown, NC: equally priced homes
- Washburn, NC: equally priced homes
Cities with Similar Populations
- South Heart, ND: higher priced homes
- Eglon, WV: less expensive homes
- Ellenboro, WV: less expensive homes
- Encampment, WY: higher priced homes
- Esperanza, PR: less expensive homes
- Evanston, IN: equally priced homes
- Fillmore, IL: less expensive homes
- Flowerfield, MI: higher priced homes
- Gridley, KS: less expensive homes
- Edinburg, MS: less expensive homes
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