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Affordable
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These days, finding an affordable place to live in the Vance area can be challenging. Home prices in Vance are now at a median cost of $231,512, lower than the Missouri average of $246,641.
The average cost of rent is $1,035/mo in Vance, primarily driven by the current value of real estate in the Vance area. In Vance, 30.27% of households rent, and 48.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vance is $5,678 per month. Households that rent pay about 18.23% of their income on rent here. Vance’s most expensive areas are in the southwestern 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
- Conway, MO: less expensive homes
- Niangua, MO: higher priced homes
- Rader, MO: equally priced homes
- Sampson, MO: higher priced homes
- Morgan, MO: equally priced homes
- Grovespring, MO: equally priced homes
- Phillipsburg, MO: less expensive homes
- Evergreen, MO: less expensive homes
- Marshfield, MO: equally priced homes
- Wall Street, MO: less expensive homes
Cities with Similar Populations
- Reagan, TX: higher priced homes
- Osterdock, IA: less expensive homes
- Owenton, VA: less expensive homes
- Pauline, NE: less expensive homes
- Peadenville, TX: higher priced homes
- Petrolia, NY: less expensive homes
- Pike Road, NC: less expensive homes
- Pindall, AR: less expensive homes
- Pine Ridge, OR: less expensive homes
- Pitzer, IA: higher priced homes
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