Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Salem area can be challenging. Home prices in South Salem are now at a median cost of $572,864, higher than the New York average of $481,023.
The average cost of rent is $2,692/mo in South Salem, primarily driven by the current value of real estate in the South Salem area. While nearly 29.44% of residents own their homes outright in South Salem, 9.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Salem is $14,197 per month. Households that rent pay about 18.96% of their income on rent here. South Salem's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Pound Ridge, NY: higher priced homes
- Ridgefield, CT: higher priced homes
- Cross River, NY: higher priced homes
- Scotts Corners, NY: higher priced homes
- Waccabuc, NY: higher priced homes
- Georgetown, CT: higher priced homes
- Cannondale, CT: higher priced homes
- Wilton, CT: higher priced homes
- Goldens Bridge, NY: higher priced homes
- Bedford, NY: higher priced homes
Cities with Similar Populations
- Drummonds, TN: less expensive homes
- Tavernier, FL: equally priced homes
- Tarrant, AL: less expensive homes
- Tarawa Terrace, NC: less expensive homes
- Tallulah, LA: less expensive homes
- Tallapoosa, GA: less expensive homes
- Talking Rock, GA: less expensive homes
- Tabor City, NC: less expensive homes
- Sweeny, TX: less expensive homes
- Swanton, VT: less expensive homes
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