Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Reagan Wells area can be challenging. Home prices in Reagan Wells are now at a median cost of $195,279, lower than the Texas average of $235,268.
The average cost of rent is $964/mo in Reagan Wells, primarily driven by the current value of real estate in the Reagan Wells area. While nearly 86.42% of residents own their homes outright in Reagan Wells, 14.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Reagan Wells is $3,315 per month. Households that rent pay about 29.09% of their income on rent here. Reagan Wells's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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- Tarpley, TX: higher priced homes
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- Lakehills, TX: equally priced homes
Cities with Similar Populations
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- Palm Grove, IA: less expensive homes
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- Pastoria, AR: less expensive homes
- Pastime Park, NY: less expensive homes
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