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These days, finding an affordable place to live in the Spalding area can be challenging. Home prices in Spalding are now at a median cost of $165,583, lower than the Missouri average of $246,641.
The average cost of rent is $696/mo in Spalding, primarily driven by the current value of real estate in the Spalding area. In Spalding, 12.85% of households rent, and 68.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spalding is $6,589 per month. Households that rent pay about 10.57% of their income on rent here. Spalding’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rensselaer, MO: higher priced homes
- Ralls, MO: higher priced homes
- New London, MO: equally priced homes
- Withers Mill, MO: higher priced homes
- Center, MO: less expensive homes
- Oakwood, MO: equally priced homes
- West Ely, MO: higher priced homes
- Ilasco, MO: less expensive homes
- Hannibal, MO: less expensive homes
- The Landing, MO: equally priced homes
Cities with Similar Populations
- Lindsay, LA: higher priced homes
- Sawyers Mill, TN: less expensive homes
- Sasakwa, OK: less expensive homes
- Sarah Ann, WV: less expensive homes
- Santiago, MN: higher priced homes
- Sandy Beach, NY: higher priced homes
- Lowemont, KS: higher priced homes
- Lounsberry, NY: less expensive homes
- Locust Dale, VA: higher priced homes
- Lockhart, AL: less expensive homes
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