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These days, finding an affordable place to live in the Springville area can be challenging. Home prices in Springville are now at a median cost of $208,773, lower than the Indiana average of $232,932.
The average cost of rent is $772/mo in Springville, primarily driven by the current value of real estate in the Springville area. In Springville, 8.65% of households rent, and 42.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Springville is $7,217 per month. Households that rent pay about 10.70% of their income on rent here. Springville’s most expensive areas are in the northern 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
- Popcorn, IN: less expensive homes
- Avoca, IN: higher priced homes
- Harrodsburg, IN: higher priced homes
- Coveyville, IN: higher priced homes
- Oolitic, IN: less expensive homes
- Owensburg, IN: equally priced homes
- Peerless, IN: higher priced homes
- Fayetteville, IN: higher priced homes
- East Oolitic, IN: equally priced homes
- Cincinnati, IN: equally priced homes
Cities with Similar Populations
- Silverhill, AL: higher priced homes
- Roaring Spring, PA: less expensive homes
- Robbins, IL: less expensive homes
- San Quentin, CA: higher priced homes
- Silver Summit, UT: higher priced homes
- South Shore, KY: less expensive homes
- South Sanford, ME: higher priced homes
- Slaughter, LA: higher priced homes
- Six Mile, SC: higher priced homes
- Roan Mountain, TN: less expensive homes
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