Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Redwood area can be challenging. Home prices in Redwood are now at a median cost of $163,934, lower than the New York average of $481,023.
The average cost of rent is $805/mo in Redwood, primarily driven by the current value of real estate in the Redwood area. While nearly 38.47% of residents own their homes outright in Redwood, 13.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Redwood is $6,092 per month. Households that rent pay about 13.22% of their income on rent here. Redwood's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Plessis, NY: equally priced homes
- Alexandria Bay, NY: equally priced homes
- Westminster Park, NY: equally priced homes
- Chippewa Bay, NY: higher priced homes
- Oxbow, NY: less expensive homes
- Rossie, NY: less expensive homes
- Theresa, NY: less expensive homes
- Wellesley Island, NY: higher priced homes
- Wegatchie, NY: less expensive homes
- Orleans Four Corners, NY: less expensive homes
Cities with Similar Populations
- Tullahassee, OK: higher priced homes
- Edgewood, IA: less expensive homes
- Edison, OH: less expensive homes
- Elkhart, IA: higher priced homes
- Empire, MI: higher priced homes
- Erie, KS: less expensive homes
- Erwinville, LA: higher priced homes
- Farmdale, OH: less expensive homes
- Felda, FL: equally priced homes
- Fidelity, MO: higher priced homes
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