Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ransom area can be challenging. Home prices in Ransom are now at a median cost of $70,794, lower than the Kentucky average of $164,895.
The average cost of rent is $619/mo in Ransom, primarily driven by the current value of real estate in the Ransom area. While nearly 65.68% of residents own their homes outright in Ransom, 12.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ransom is $3,324 per month. Households that rent pay about 18.62% of their income on rent here. Ransom's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Pinsonfork, KY: less expensive homes
- Freeburn, KY: less expensive homes
- Mc Andrews, KY: less expensive homes
- Stone, KY: higher priced homes
- Hardy, KY: higher priced homes
- Phelps, KY: higher priced homes
- McCarr, KY: higher priced homes
- Huddy, KY: higher priced homes
- Edgarton, WV: higher priced homes
- Majestic, KY: less expensive homes
Cities with Similar Populations
- Mercer, MO: higher priced homes
- Mountain Scene, GA: higher priced homes
- Mimbres, NM: higher priced homes
- Milton Mills, NH: higher priced homes
- Millville, MI: higher priced homes
- Milfay, OK: higher priced homes
- Middle River, MN: higher priced homes
- Meriden, MN: higher priced homes
- Mereta, TX: higher priced homes
- Rock Cave, WV: higher priced homes
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