Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Raeford area can be challenging. Home prices in Raeford are now at a median cost of $233,749, lower than the North Carolina average of $323,314.
The average cost of rent is $1,219/mo in Raeford, primarily driven by the current value of real estate in the Raeford area. In Raeford, 27.41% of households rent, and 28.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Raeford is $6,021 per month. Households that rent pay about 20.25% of their income on rent here. Raeford’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Silver City, NC: less expensive homes
- Dundarrach, NC: less expensive homes
- Mccain, NC: less expensive homes
- Lumber Bridge, NC: less expensive homes
- Montrose, NC: equally priced homes
- Bowmore, NC: less expensive homes
- Parkton, NC: less expensive homes
- Fayetteville, NC: less expensive homes
- Fort Bragg, NC: less expensive homes
- Hope Mills, NC: equally priced homes
Cities with Similar Populations
- Thibodaux, LA: equally priced homes
- East Stroudsburg, PA: higher priced homes
- El Dorado Hills, CA: higher priced homes
- Fairburn, GA: higher priced homes
- Fairport, NY: higher priced homes
- Fort Lee, NJ: higher priced homes
- Shelton, CT: higher priced homes
- Sherwood, AR: equally priced homes
- Streamwood, IL: higher priced homes
- Teaneck, NJ: higher priced homes
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