Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Silver Point area can be challenging. Home prices in Silver Point are now at a median cost of $190,279, lower than the Tennessee average of $218,916.
The average cost of rent is $856/mo in Silver Point, primarily driven by the current value of real estate in the Silver Point area. While nearly 49.69% of residents own their homes outright in Silver Point, 12.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Silver Point is $5,253 per month. Households that rent pay about 16.30% of their income on rent here. Silver Point's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Baxter, TN: less expensive homes
- Buffalo Valley, TN: equally priced homes
- Twin Oak, TN: less expensive homes
- Buckner, TN: equally priced homes
- Philippi, TN: less expensive homes
- Lancaster, TN: equally priced homes
- Sadler, TN: less expensive homes
- Temperance Hall, TN: less expensive homes
- Chestnut Mound, TN: less expensive homes
- Lancaster Hill, TN: equally priced homes
Cities with Similar Populations
- Albion, CA: higher priced homes
- Alda, NE: equally priced homes
- Allenhurst, NJ: higher priced homes
- Antonito, CO: less expensive homes
- Ashby, MN: higher priced homes
- Ashland, ME: less expensive homes
- Baileyville, ME: less expensive homes
- Barney, GA: equally priced homes
- Baxter, KY: less expensive homes
- Beechwood Village, KY: higher priced homes
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