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These days, finding an affordable place to live in the Teresita area can be challenging. Home prices in Teresita are now at a median cost of $188,700, lower than the Kentucky average of $219,615.
The average cost of rent is $725/mo in Teresita, primarily driven by the current value of real estate in the Teresita area. In Teresita, 5.29% of households rent, and 54.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Teresita is $5,502 per month. Households that rent pay about 13.18% of their income on rent here. Teresita’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
- New, KY: equally priced homes
- Hesler, KY: less expensive homes
- Monterey, KY: equally priced homes
- Fairbanks, KY: less expensive homes
- Suterville, KY: higher priced homes
- Rockdale, KY: less expensive homes
- Swallowfield, KY: equally priced homes
- Owenton, KY: equally priced homes
- Peaks Mill, KY: higher priced homes
- Orville, KY: equally priced homes
Cities with Similar Populations
- Turnbull, MS: less expensive homes
- Upper Exeter, PA: higher priced homes
- Upper Brandon, VA: higher priced homes
- Upper Abbot, ME: less expensive homes
- Unionville, OH: equally priced homes
- Union Valley, NY: less expensive homes
- Union Springs, LA: less expensive homes
- Ulmer, IA: equally priced homes
- Tyus, GA: less expensive homes
- Twomile, OR: higher priced homes
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