Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Red Point area can be challenging. Home prices in Red Point are now at a median cost of $342,300, lower than the Maryland average of $357,815.
The average cost of rent is $1,578/mo in Red Point, primarily driven by the current value of real estate in the Red Point area. While nearly 52.88% of residents own their homes outright in Red Point, 27.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Red Point is $7,754 per month. Households that rent pay about 20.35% of their income on rent here. Red Point's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Earleville, MD: equally priced homes
- White Crystal Beach, MD: equally priced homes
- Perry Point, MD: less expensive homes
- Hazelmoor, MD: equally priced homes
- Hack Point, MD: equally priced homes
- Charlestown, MD: equally priced homes
- Perryville, MD: less expensive homes
- Oakington, MD: equally priced homes
- Randalia, MD: less expensive homes
- Principio Furnace, MD: less expensive homes
Cities with Similar Populations
- Ocoonita, VA: less expensive homes
- North Bloomfield, NY: less expensive homes
- North Branch Depot, NJ: higher priced homes
- North Hampton, IL: less expensive homes
- North Lebanon, ME: less expensive homes
- North Monroe, ME: less expensive homes
- North Pembroke, NY: less expensive homes
- North Petersburg, NY: less expensive homes
- North San Pedro, TX: less expensive homes
- North Stockholm, NY: less expensive homes
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