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Affordable
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These days, finding an affordable place to live in the Stony Point area can be challenging. Home prices in Stony Point are now at a median cost of $172,580, lower than the Tennessee average of $315,131.
The average cost of rent is $762/mo in Stony Point, primarily driven by the current value of real estate in the Stony Point area. In Stony Point, 20.01% of households rent, and 60.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stony Point is $4,641 per month. Households that rent pay about 16.41% of their income on rent here. Stony Point’s most expensive areas are in the southwestern 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
- Surgoinsville, TN: equally priced homes
- Christian Bend, TN: higher priced homes
- Honeycutt, TN: higher priced homes
- New Canton, TN: higher priced homes
- Goshen, TN: equally priced homes
- Independence, TN: higher priced homes
- Church Hill, TN: higher priced homes
- Holland Mill, TN: equally priced homes
- Rogersville, TN: equally priced homes
- Camelot, TN: less expensive homes
Cities with Similar Populations
- Le Tourneau, MS: less expensive homes
- Lake Bruce, IN: equally priced homes
- Lake McMurray, WA: higher priced homes
- Lake Valley, NM: less expensive homes
- Lake Wazeecha, WI: higher priced homes
- Lamasco, KY: higher priced homes
- Lamont, KS: less expensive homes
- Lansing, MN: higher priced homes
- Larabee, PA: less expensive homes
- LaRue, WI: higher priced homes
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