Expensive
Affordable
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These days, finding an affordable place to live in the Red Springs area can be challenging. Home prices in Red Springs are now at a median cost of $107,107, lower than the North Carolina average of $323,314.
The average cost of rent is $651/mo in Red Springs, primarily driven by the current value of real estate in the Red Springs area. In Red Springs, 32.65% of households rent, and 64.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Red Springs is $3,140 per month. Households that rent pay about 20.72% of their income on rent here. Red Springs’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Shannon, NC: less expensive homes
- Wakulla, NC: less expensive homes
- Philadelphus, NC: higher priced homes
- Duffies, NC: equally priced homes
- Prospect, NC: equally priced homes
- Rennert, NC: less expensive homes
- Dundarrach, NC: equally priced homes
- Floral College, NC: less expensive homes
- Buie, NC: equally priced homes
- Lumber Bridge, NC: equally priced homes
Cities with Similar Populations
- Wise, VA: higher priced homes
- Asbury Lake, FL: higher priced homes
- Avon, CO: higher priced homes
- Bath, NY: higher priced homes
- Belfair, WA: higher priced homes
- Winchendon, MA: higher priced homes
- Winnsboro, LA: equally priced homes
- Winnsboro, SC: higher priced homes
- Winooski, VT: higher priced homes
- Winslow, AZ: higher priced homes
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