Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pelham area can be challenging. Home prices in Pelham are now at a median cost of $105,775, lower than the North Carolina average of $226,477.
The average cost of rent is $615/mo in Pelham, primarily driven by the current value of real estate in the Pelham area. While nearly 62.12% of residents own their homes outright in Pelham, 27.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pelham is $3,226 per month. Households that rent pay about 19.08% of their income on rent here. Pelham's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Ruffin, NC: higher priced homes
- Whitfield, VA: higher priced homes
- Glenwood, VA: higher priced homes
- Providence, NC: equally priced homes
- Casville, NC: equally priced homes
- Leaksville Junction, VA: equally priced homes
- Blanch, NC: higher priced homes
- Yanceyville, NC: higher priced homes
- Brosville, VA: equally priced homes
- Locust Hill, NC: higher priced homes
Cities with Similar Populations
- Aurora, MN: less expensive homes
- Brownsville, OR: higher priced homes
- Buchanan, TN: higher priced homes
- Central City, IA: higher priced homes
- Owensville, OH: higher priced homes
- Smyrna Landing, DE: higher priced homes
- Smithfield, KY: higher priced homes
- Seaman, OH: higher priced homes
- Remington, IN: higher priced homes
- Post Oak Bend City, TX: higher priced homes
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