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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 $219,460, lower than the Texas average of $322,096.
The average cost of rent is $1,082/mo in Reagan Wells, primarily driven by the current value of real estate in the Reagan Wells area. In Reagan Wells, 23.71% of households rent, and 91.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reagan Wells is $5,403 per month. Households that rent pay about 20.03% of their income on rent here. Reagan Wells’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Concan, TX: higher priced homes
- Rio Frio, TX: less expensive homes
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- Utopia, TX: higher priced homes
- Tarpley, TX: higher priced homes
- Quihi, TX: equally priced homes
- Lake Medina Shores, TX: higher priced homes
- Mico, TX: higher priced homes
- Lakehills, TX: higher priced homes
Cities with Similar Populations
- Agar, SD: higher priced homes
- Youngs, MS: less expensive homes
- Amoy, OH: less expensive homes
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- Worth, GA: less expensive homes
- Arneytown, NJ: higher priced homes
- Palm Grove, IA: less expensive homes
- Paulding, MI: less expensive homes
- Pastoria, AR: less expensive homes
- Pastime Park, NY: higher priced homes
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