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These days, finding an affordable place to live in the Spiceland area can be challenging. Home prices in Spiceland are now at a median cost of $163,864, lower than the Indiana average of $232,932.
The average cost of rent is $793/mo in Spiceland, primarily driven by the current value of real estate in the Spiceland area. In Spiceland, 24.64% of households rent, and 34.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spiceland is $6,755 per month. Households that rent pay about 11.74% of their income on rent here. Spiceland’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dunreith, IN: higher priced homes
- Greensboro, IN: equally priced homes
- Ogden, IN: higher priced homes
- Knightstown, IN: higher priced homes
- Lewisville, IN: equally priced homes
- Westwood, IN: higher priced homes
- Mays, IN: higher priced homes
- Kennard, IN: equally priced homes
- Raleigh, IN: higher priced homes
- New Castle, IN: less expensive homes
Cities with Similar Populations
- Amsterdam, OH: less expensive homes
- Wisner, NE: equally priced homes
- West Paris, ME: higher priced homes
- West Chatham, MA: higher priced homes
- Weems, VA: higher priced homes
- Vallecito, CO: higher priced homes
- Urbana, MO: higher priced homes
- Upper Greenwood Lake, NJ: higher priced homes
- Trilby, FL: higher priced homes
- Tremont, MS: less expensive homes
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