Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Troutman area can be challenging. Home prices in Troutman are now at a median cost of $263,428, higher than the North Carolina average of $226,477.
The average cost of rent is $1,201/mo in Troutman, primarily driven by the current value of real estate in the Troutman area. While nearly 39.52% of residents own their homes outright in Troutman, 16.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Troutman is $7,001 per month. Households that rent pay about 17.16% of their income on rent here. Troutman's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Shinnville, NC: less expensive homes
- Terrell, NC: higher priced homes
- Mooresville, NC: higher priced homes
- Eufola, NC: less expensive homes
- Statesville, NC: less expensive homes
- Longisland, NC: less expensive homes
- Lake Norman of Catawba, NC: higher priced homes
- Sherrills Ford, NC: less expensive homes
- Mount Ulla, NC: less expensive homes
- Catawba, NC: less expensive homes
Cities with Similar Populations
- Humboldt, TN: less expensive homes
- Whitesboro, NY: less expensive homes
- Whiting, IN: less expensive homes
- Wilkesboro, NC: less expensive homes
- Wills Point, TX: less expensive homes
- Kalaoa, HI: higher priced homes
- Jupiter Farms, FL: higher priced homes
- Jericho, NY: higher priced homes
- Jefferson Hills, PA: equally priced homes
- Isanti, MN: less expensive homes
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