Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Savoy area can be challenging. Home prices in Savoy are now at a median cost of $149,136, lower than the Texas average of $235,268.
The average cost of rent is $882/mo in Savoy, primarily driven by the current value of real estate in the Savoy area. While nearly 59.07% of residents own their homes outright in Savoy, 21.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Savoy is $5,360 per month. Households that rent pay about 16.46% of their income on rent here. Savoy's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Bells, TX: higher priced homes
- Ely, TX: higher priced homes
- Ector, TX: less expensive homes
- Kentuckytown, TX: higher priced homes
- Smith Oaks, TX: higher priced homes
- Tom Bean, TX: higher priced homes
- Penland, TX: higher priced homes
- Ravenna, TX: higher priced homes
- Bonham, TX: less expensive homes
- White Mound, TX: higher priced homes
Cities with Similar Populations
- Woodstock Valley, CT: higher priced homes
- Strunk, KY: less expensive homes
- Tyndall, SD: less expensive homes
- Clover, VA: less expensive homes
- Wallingford, VT: higher priced homes
- Wellington, MO: equally priced homes
- Wolcott, VT: higher priced homes
- Cayuga, IN: less expensive homes
- Cascade, MT: higher priced homes
- Carlsbad, TX: higher priced homes
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