Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shoal area can be challenging. Home prices in Shoal are now at a median cost of $214,509, lower than the North Carolina average of $226,477.
The average cost of rent is $687/mo in Shoal, primarily driven by the current value of real estate in the Shoal area. While nearly 59.85% of residents own their homes outright in Shoal, 12.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shoal is $5,526 per month. Households that rent pay about 12.43% of their income on rent here. Shoal's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Union Hill, NC: less expensive homes
- Smithtown, NC: less expensive homes
- Pinnacle, NC: less expensive homes
- Siloam, NC: less expensive homes
- Rockford, NC: less expensive homes
- East Bend, NC: equally priced homes
- Tobaccoville, NC: less expensive homes
- Ararat, NC: less expensive homes
- King, NC: less expensive homes
- Enon, NC: higher priced homes
Cities with Similar Populations
- Pipers Gap, VA: less expensive homes
- Pawnee Rock, KS: less expensive homes
- Pella, WI: less expensive homes
- Penfield, IL: less expensive homes
- Penn, MI: higher priced homes
- Perry Point, MD: higher priced homes
- Phillipsburg, GA: less expensive homes
- Phillipston, MA: higher priced homes
- Philrich, TX: equally priced homes
- Piasa, IL: less expensive homes
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