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These days, finding an affordable place to live in the Soham area can be challenging. Home prices in Soham are now at a median cost of $225,124, lower than the New Mexico average of $265,486.
The average cost of rent is $856/mo in Soham, primarily driven by the current value of real estate in the Soham area. In Soham, 7.83% of households rent, and 88.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Soham is $10,178 per month. Households that rent pay about 8.41% of their income on rent here. Soham’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- San Jose, NM: equally priced homes
- El Ancon, NM: equally priced homes
- Ribera, NM: less expensive homes
- North San Ysidro, NM: higher priced homes
- Ilfeld, NM: equally priced homes
- Pueblo, NM: less expensive homes
- Serafina, NM: less expensive homes
- Sena, NM: less expensive homes
- San Pablo, NM: equally priced homes
- Rowe, NM: equally priced homes
Cities with Similar Populations
- Adams Basin, NY: higher priced homes
- Black Brook, NY: equally priced homes
- Alpers, OK: less expensive homes
- Big Creek, CA: higher priced homes
- Barlow, OR: higher priced homes
- Pistol River, OR: higher priced homes
- Plank, PA: less expensive homes
- Pinnell, AL: less expensive homes
- Pine Valley, PA: less expensive homes
- Pine, OR: higher priced homes
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