Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Winchester area can be challenging. Home prices in Winchester are now at a median cost of $100,154, lower than the Indiana average of $175,617.
The average cost of rent is $723/mo in Winchester, primarily driven by the current value of real estate in the Winchester area. While nearly 42.59% of residents own their homes outright in Winchester, 27.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in Winchester is $4,919 per month. Households that rent pay about 14.70% of their income on rent here. Winchester's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Stone, IN: equally priced homes
- Rural, IN: higher priced homes
- Harrisville, IN: higher priced homes
- Saratoga, IN: higher priced homes
- Maxville, IN: higher priced homes
- Randolph, IN: less expensive homes
- Snow Hill, IN: higher priced homes
- Unionport, IN: higher priced homes
- South Salem, IN: higher priced homes
- Farmland, IN: equally priced homes
Cities with Similar Populations
- Ashville, AL: higher priced homes
- Annandale, MN: higher priced homes
- Woodside, CA: higher priced homes
- Appomattox, VA: higher priced homes
- Arcanum, OH: higher priced homes
- Archbald, PA: higher priced homes
- Archbold, OH: higher priced homes
- Woods Creek, WA: higher priced homes
- Woodcliff Lake, NJ: higher priced homes
- Arlington Heights, PA: higher priced homes
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