Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Raccoon Bend area can be challenging. Home prices in Raccoon Bend are now at a median cost of $558,219, higher than the Texas average of $322,096.
The average cost of rent is $1,171/mo in Raccoon Bend, primarily driven by the current value of real estate in the Raccoon Bend area. In Raccoon Bend, 48.92% of households rent, and 51.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Raccoon Bend is $8,798 per month. Households that rent pay about 13.31% of their income on rent here. Raccoon Bend’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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