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Affordable
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These days, finding an affordable place to live in the Stem area can be challenging. Home prices in Stem are now at a median cost of $235,746, lower than the North Carolina average of $323,314.
The average cost of rent is $1,067/mo in Stem, primarily driven by the current value of real estate in the Stem area. In Stem, 21.26% of households rent, and 43.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stem is $4,800 per month. Households that rent pay about 22.23% of their income on rent here. Stem’s most expensive areas are in the southern 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
- Shoofly, NC: equally priced homes
- Tar River, NC: higher priced homes
- Culbreth, NC: less expensive homes
- Butner, NC: equally priced homes
- Creedmoor, NC: higher priced homes
- Wilton, NC: higher priced homes
- Moriah, NC: equally priced homes
- Berea, NC: less expensive homes
- Oxford, NC: less expensive homes
- Bahama, NC: higher priced homes
Cities with Similar Populations
- Campton, KY: less expensive homes
- Como, MS: less expensive homes
- Edwards, IL: higher priced homes
- Falconer, NY: less expensive homes
- George West, TX: less expensive homes
- Grape Creek, TX: less expensive homes
- Hesperia, MI: less expensive homes
- Vernonia, OR: higher priced homes
- Piedmont, MO: less expensive homes
- Pierceton, IN: less expensive homes
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