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These days, finding an affordable place to live in the Siloam area can be challenging. Home prices in Siloam are now at a median cost of $158,616, lower than the Maryland average of $450,578.
The average cost of rent is $1,123/mo in Siloam, primarily driven by the current value of real estate in the Siloam area. In Siloam, 29.22% of households rent, and 47.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Siloam is $6,152 per month. Households that rent pay about 18.26% of their income on rent here. Siloam’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eden, MD: higher priced homes
- Oakville, MD: higher priced homes
- Palmetto, MD: higher priced homes
- Fruitland, MD: higher priced homes
- Allen, MD: higher priced homes
- Princess Anne, MD: higher priced homes
- Salisbury, MD: higher priced homes
- Indiantown, MD: higher priced homes
- Quantico, MD: higher priced homes
- Mount Vernon, MD: equally priced homes
Cities with Similar Populations
- Bristow, IA: less expensive homes
- Wilbert, MN: higher priced homes
- Whitney, PA: higher priced homes
- Whitlash, MT: less expensive homes
- Whiteville, LA: higher priced homes
- Whitesville, IN: higher priced homes
- White City, IL: less expensive homes
- Wheatley, AR: less expensive homes
- Westville Center, NY: less expensive homes
- Burns, MO: higher priced homes
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