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These days, finding an affordable place to live in the Reelsville area can be challenging. Home prices in Reelsville are now at a median cost of $291,882, higher than the Indiana average of $232,932.
The average cost of rent is $754/mo in Reelsville, primarily driven by the current value of real estate in the Reelsville area. In Reelsville, 11.35% of households rent, and 29.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reelsville is $6,457 per month. Households that rent pay about 11.67% of their income on rent here. Reelsville’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pleasant Gardens, IN: less expensive homes
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Cities with Similar Populations
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