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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 $207,035, lower than the North Carolina average of $323,314.
The average cost of rent is $753/mo in Siloam, primarily driven by the current value of real estate in the Siloam area. In Siloam, 18.70% of households rent, and 45.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Siloam is $5,273 per month. Households that rent pay about 14.28% of their income on rent here. Siloam’s most expensive areas are in the northeastern 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
- Ararat, NC: equally priced homes
- Rockford, NC: less expensive homes
- Ash Hill, NC: equally priced homes
- Shoal, NC: higher priced homes
- Pinnacle, NC: higher priced homes
- Smithtown, NC: equally priced homes
- Pilot Mountain, NC: equally priced homes
- Dobson, NC: less expensive homes
- Union Hill, NC: equally priced homes
- Burch, NC: less expensive homes
Cities with Similar Populations
- Fleetwood, AL: higher priced homes
- Tamarack, WI: equally priced homes
- Tall Timbers, MD: higher priced homes
- Summerhaven, NC: higher priced homes
- Scotland, TX: equally priced homes
- Grand Cane, LA: equally priced homes
- Golden, IL: less expensive homes
- Gerald, OH: higher priced homes
- Gates, OR: higher priced homes
- Garwood, TX: equally priced homes
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