Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Spurgeon area can be challenging. Home prices in Spurgeon are now at a median cost of $135,039, lower than the Indiana average of $175,617.
The average cost of rent is $646/mo in Spurgeon, primarily driven by the current value of real estate in the Spurgeon area. While nearly 39.22% of residents own their homes outright in Spurgeon, 10.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spurgeon is $5,722 per month. Households that rent pay about 11.29% of their income on rent here. Spurgeon's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Lynnville, IN: equally priced homes
- Enos Corner, IN: equally priced homes
- Zoar, IN: higher priced homes
- Somerville, IN: less expensive homes
- Mackey, IN: less expensive homes
- Augusta, IN: higher priced homes
- Oakland City, IN: less expensive homes
- Folsomville, IN: higher priced homes
- Stendal, IN: higher priced homes
- Greenbrier, IN: higher priced homes
Cities with Similar Populations
- Lenape, KS: higher priced homes
- Salsbury Cove, ME: higher priced homes
- Salem, OK: less expensive homes
- Lottsburg, VA: higher priced homes
- Long, OK: less expensive homes
- Little Orleans, MD: higher priced homes
- Lincolnville Center, ME: equally priced homes
- Lincoln, WA: higher priced homes
- Liddell, NC: less expensive homes
- Lewisville, MN: less expensive homes
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