Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Royal area can be challenging. Home prices in Royal are now at a median cost of $70,210, lower than the North Carolina average of $226,477.
The average cost of rent is $722/mo in Royal, primarily driven by the current value of real estate in the Royal area. While nearly 50.67% of residents own their homes outright in Royal, 7.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Royal is $3,504 per month. Households that rent pay about 20.60% of their income on rent here. Royal's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Aurora, NC: equally priced homes
- Small, NC: equally priced homes
- South Creek, NC: less expensive homes
- Campbell Creek, NC: less expensive homes
- Edward, NC: equally priced homes
- Bonnerton, NC: less expensive homes
- Bayboro, NC: higher priced homes
- Vandemere, NC: higher priced homes
- Alliance, NC: higher priced homes
- Mesic, NC: higher priced homes
Cities with Similar Populations
- Logan, OK: higher priced homes
- Lanton, TN: higher priced homes
- Larsen Bay, AK: higher priced homes
- Larslan, MT: higher priced homes
- Larson, ND: higher priced homes
- Lawrenceport, IN: higher priced homes
- Light, AR: higher priced homes
- Lightsville, IL: higher priced homes
- Lindley, MO: higher priced homes
- Linton, KY: higher priced homes
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