Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Spring City area can be challenging. Home prices in Spring City are now at a median cost of $156,242, lower than the Tennessee average of $218,916.
The average cost of rent is $725/mo in Spring City, primarily driven by the current value of real estate in the Spring City area. While nearly 59.71% of residents own their homes outright in Spring City, 17.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spring City is $4,397 per month. Households that rent pay about 16.49% of their income on rent here. Spring City's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Lorraine, TN: less expensive homes
- Pennine, TN: less expensive homes
- Watts Bar Estates, TN: higher priced homes
- Grandview, TN: less expensive homes
- Roddy, TN: higher priced homes
- Peakland, TN: less expensive homes
- Forest Grove, TN: less expensive homes
- Watts Bar Dam, TN: higher priced homes
- Evensville, TN: equally priced homes
- Milo, TN: less expensive homes
Cities with Similar Populations
- West Boylston, MA: higher priced homes
- Buna, TX: less expensive homes
- Bunnlevel, NC: higher priced homes
- Byron, MN: higher priced homes
- Calabash, NC: higher priced homes
- Califon, NJ: higher priced homes
- Calipatria, CA: higher priced homes
- Calumet Park, IL: less expensive homes
- Cameron, TX: less expensive homes
- Castaner, PR: less expensive homes
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