Expensive
Affordable
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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 $197,741, lower than the North Carolina average of $323,314.
The average cost of rent is $920/mo in Welcome, primarily driven by the current value of real estate in the Welcome area. In Welcome, 27.40% of households rent, and 49.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Welcome is $5,366 per month. Households that rent pay about 17.14% of their income on rent here. Welcome’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Midway, NC: higher priced homes
- Lexington, NC: equally priced homes
- Wallburg, NC: higher priced homes
- Thomasville, NC: equally priced homes
- Clemmons, NC: higher priced homes
- Advance, NC: higher priced homes
- Flint Hill, NC: higher priced homes
- Bermuda Run, NC: higher priced homes
- Cornatzer, NC: higher priced homes
- Winston-Salem, NC: higher priced homes
Cities with Similar Populations
- Attica, IN: less expensive homes
- Comer, GA: higher priced homes
- Eufaula, OK: less expensive homes
- Templeton, MA: higher priced homes
- Lake Mathews, CA: higher priced homes
- Ketchum, ID: higher priced homes
- Juno Beach, FL: higher priced homes
- Ignacio, CO: higher priced homes
- Hesston, KS: higher priced homes
- Greenwood, LA: higher priced homes
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