Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Severn area can be challenging. Home prices in Severn are now at a median cost of $168,100, lower than the North Carolina average of $226,477.
The average cost of rent is $1,035/mo in Severn, primarily driven by the current value of real estate in the Severn area. While nearly 55.16% of residents own their homes outright in Severn, 13.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in Severn is $4,900 per month. Households that rent pay about 21.12% of their income on rent here. Severn's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Pendleton, NC: equally priced homes
- Boykins, VA: equally priced homes
- Branchville, VA: equally priced homes
- Conway, NC: less expensive homes
- Murfreesboro, NC: less expensive homes
- Creeksville, NC: less expensive homes
- Newsoms, VA: equally priced homes
- Como, NC: less expensive homes
- Margarettsville, NC: less expensive homes
- Boykins and Branchville, VA: equally priced homes
Cities with Similar Populations
- Esbon, KS: less expensive homes
- Five Points, WI: equally priced homes
- Finly, IN: higher priced homes
- Ferris, IL: less expensive homes
- Farmington, KS: equally priced homes
- Fame, OK: less expensive homes
- Fairhaven, OH: equally priced homes
- Young, TX: equally priced homes
- Ewing, OH: less expensive homes
- Eulonia, SC: less expensive homes
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