Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Welcome area can be challenging. Home prices in Welcome are now at a median cost of $390,408, higher than the Maryland average of $357,815.
The average cost of rent is $1,872/mo in Welcome, primarily driven by the current value of real estate in the Welcome area. While nearly 26.78% of residents own their homes outright in Welcome, 11.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Welcome is $10,051 per month. Households that rent pay about 18.63% of their income on rent here. Welcome's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Port Tobacco, MD: equally priced homes
- Port Tobacco Riviera, MD: higher priced homes
- Port Tobacco Village, MD: equally priced homes
- Ripley, MD: equally priced homes
- Marshalls Corner, MD: equally priced homes
- Nanjemoy, MD: less expensive homes
- Bel Alton, MD: equally priced homes
- Marbury, MD: less expensive homes
- Doncaster, MD: less expensive homes
- La Plata, MD: less expensive homes
Cities with Similar Populations
- Geary, OK: less expensive homes
- Valley Lee, MD: equally priced homes
- Twining, MI: less expensive homes
- South Newbury, OH: less expensive homes
- Hickory Grove, SC: less expensive homes
- Greens Fork, IN: less expensive homes
- Granger, OH: less expensive homes
- Goldston, NC: less expensive homes
- Glenoma, WA: less expensive homes
- Gibsland, LA: less expensive homes
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