Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shoals area can be challenging. Home prices in Shoals are now at a median cost of $120,447, lower than the Indiana average of $175,617.
The average cost of rent is $500/mo in Shoals, primarily driven by the current value of real estate in the Shoals area. While nearly 54.32% of residents own their homes outright in Shoals, 19.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shoals is $4,932 per month. Households that rent pay about 10.15% of their income on rent here. Shoals's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Ironton, IN: equally priced homes
- Dover Hill, IN: equally priced homes
- Willow Valley, IN: higher priced homes
- Hindostan Falls, IN: higher priced homes
- Scenic Hill, IN: equally priced homes
- Windom, IN: higher priced homes
- Loogootee, IN: higher priced homes
- Roland, IN: higher priced homes
- Huron, IN: higher priced homes
- Indian Springs, IN: equally priced homes
Cities with Similar Populations
- Barnum, MN: higher priced homes
- Sattler, TX: higher priced homes
- Cowan, TN: equally priced homes
- Coffeeville, MS: less expensive homes
- Cheshire, MA: higher priced homes
- Carrsville, VA: higher priced homes
- Capon Bridge, WV: higher priced homes
- Beech Creek, PA: higher priced homes
- Lemont Furnace, PA: less expensive homes
- Winton, NC: less expensive homes
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