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These days, finding an affordable place to live in the Summerfield area can be challenging. Home prices in Summerfield are now at a median cost of $214,280, lower than the Missouri average of $246,641.
The average cost of rent is $787/mo in Summerfield, primarily driven by the current value of real estate in the Summerfield area. In Summerfield, 13.80% of households rent, and 59.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Summerfield is $6,042 per month. Households that rent pay about 13.02% of their income on rent here. Summerfield’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Belle, MO: equally priced homes
- Byron, MO: less expensive homes
- Canaan, MO: less expensive homes
- Freeburg, MO: higher priced homes
- Argyle, MO: equally priced homes
- Vienna, MO: equally priced homes
- Bland, MO: less expensive homes
- Vichy, MO: higher priced homes
- Cleavesville, MO: less expensive homes
- Koeltztown, MO: higher priced homes
Cities with Similar Populations
- Harrisburg, IN: less expensive homes
- Sutherland, UT: higher priced homes
- Summitville, IA: higher priced homes
- Summit, SD: less expensive homes
- Summer City, TN: less expensive homes
- St. Thomas, MN: higher priced homes
- Higginsport, OH: less expensive homes
- Hewlett Bay Park, NY: higher priced homes
- Heaters, WV: less expensive homes
- Harrisburg, NE: equally priced homes
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