Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shoreham area can be challenging. Home prices in Shoreham are now at a median cost of $197,086, higher than the Michigan average of $196,062.
The average cost of rent is $1,059/mo in Shoreham, primarily driven by the current value of real estate in the Shoreham area. While nearly 50.74% of residents own their homes outright in Shoreham, 33.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shoreham is $6,567 per month. Households that rent pay about 16.13% of their income on rent here. Shoreham's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- St. Joseph, MI: higher priced homes
- Stevensville, MI: higher priced homes
- Fair Plain, MI: less expensive homes
- Benton Harbor, MI: less expensive homes
- Benton Heights, MI: less expensive homes
- Sodus, MI: less expensive homes
- Buckhorn, MI: higher priced homes
- Baroda, MI: equally priced homes
- Pearl Grange, MI: less expensive homes
- Hinchman, MI: higher priced homes
Cities with Similar Populations
- Bernice, OK: less expensive homes
- Amber, OK: less expensive homes
- Ashley, IL: less expensive homes
- Athens, IN: equally priced homes
- Avondale, CO: equally priced homes
- Bailey Lakes, OH: less expensive homes
- Bancroft, IA: less expensive homes
- Banks, AL: less expensive homes
- Basye, VA: equally priced homes
- Beaver Creek, MN: equally priced homes
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