Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Sumac area can be challenging. Home prices in Sumac are now at a median cost of $317,168, higher than the Tennessee average of $315,131.
The average cost of rent is $894/mo in Sumac, primarily driven by the current value of real estate in the Sumac area. In Sumac, 14.97% of households rent, and 44.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sumac is $8,602 per month. Households that rent pay about 10.40% of their income on rent here. Sumac’s most expensive areas are in the central 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
- Brick Church, TN: less expensive homes
- Beech Hill, TN: equally priced homes
- Odd Fellows Hall, TN: less expensive homes
- Riversburg, TN: less expensive homes
- Aymett Town, TN: equally priced homes
- Diana, TN: less expensive homes
- Pulaski, TN: less expensive homes
- Pisgah, TN: less expensive homes
- Delina, TN: less expensive homes
- Wales, TN: less expensive homes
Cities with Similar Populations
- Hammond, KS: less expensive homes
- Sterrettania, PA: less expensive homes
- Stephens, GA: less expensive homes
- Steamburg, MI: less expensive homes
- Standing Pine, MS: less expensive homes
- St. Michael, AK: less expensive homes
- Harris, NY: less expensive homes
- Harmon, IL: less expensive homes
- Harford, PA: less expensive homes
- Hancock, IA: less expensive homes
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