Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Welch area can be challenging. Home prices in Welch are now at a median cost of $150,089, lower than the Texas average of $235,268.
The average cost of rent is $656/mo in Welch, primarily driven by the current value of real estate in the Welch area. While nearly 66.24% of residents own their homes outright in Welch, 19.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Welch is $5,358 per month. Households that rent pay about 12.24% of their income on rent here. Welch's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- New Moore, TX: less expensive homes
- Foster, TX: less expensive homes
- Hancock, TX: less expensive homes
- O'Donnell, TX: less expensive homes
- Wellman, TX: less expensive homes
- Loop, TX: equally priced homes
- Seagraves, TX: less expensive homes
- Denver City, TX: higher priced homes
- Higginbotham, TX: higher priced homes
- Fluvanna, TX: less expensive homes
Cities with Similar Populations
- Jeddo, AL: less expensive homes
- Smiths Crossroads, GA: higher priced homes
- Slovan, WI: higher priced homes
- Sliters, NY: higher priced homes
- Sligo, MO: less expensive homes
- Skinem, AL: equally priced homes
- Sixes, OR: higher priced homes
- Silverton, WV: less expensive homes
- Silver Star, MT: higher priced homes
- Kerrville, TN: higher priced homes
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