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These days, finding an affordable place to live in the Spades area can be challenging. Home prices in Spades are now at a median cost of $326,067, higher than the Indiana average of $232,932.
The average cost of rent is $959/mo in Spades, primarily driven by the current value of real estate in the Spades area. In Spades, 4.56% of households rent, and 38.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spades is $6,563 per month. Households that rent pay about 14.60% of their income on rent here. Spades’s most expensive areas are in the central 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
- Penntown, IN: equally priced homes
- Sunman, IN: less expensive homes
- Morris, IN: equally priced homes
- Negangards Corner, IN: less expensive homes
- Batesville, IN: less expensive homes
- Cross Roads, IN: less expensive homes
- Old Milan, IN: less expensive homes
- Milan, IN: less expensive homes
- Oldenburg, IN: equally priced homes
- St. Leon, IN: less expensive homes
Cities with Similar Populations
- New Boston, IN: less expensive homes
- Newmansville, IL: less expensive homes
- Newland, IN: less expensive homes
- Newkirk, IA: higher priced homes
- Newburg, MN: less expensive homes
- Newark, GA: less expensive homes
- New Helena, NE: less expensive homes
- New Hagerstown, OH: less expensive homes
- New Britton, NC: less expensive homes
- Newport, MD: higher priced homes
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