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These days, finding an affordable place to live in the Wye Mills area can be challenging. Home prices in Wye Mills are now at a median cost of $373,198, lower than the Maryland average of $450,578.
The average cost of rent is $1,514/mo in Wye Mills, primarily driven by the current value of real estate in the Wye Mills area. In Wye Mills, 12.82% of households rent, and 43.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wye Mills is $9,450 per month. Households that rent pay about 16.02% of their income on rent here. Wye Mills’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Queenstown, MD: higher priced homes
- Cordova, MD: equally priced homes
- Longwoods, MD: higher priced homes
- Queen Anne, MD: higher priced homes
- Price, MD: higher priced homes
- Hillsboro, MD: equally priced homes
- Grasonville, MD: higher priced homes
- Starr, MD: higher priced homes
- Unionville, MD: higher priced homes
- Lewistown, MD: equally priced homes
Cities with Similar Populations
- Center, KY: less expensive homes
- West Finley, PA: less expensive homes
- Wessington, SD: less expensive homes
- Wells Tannery, PA: less expensive homes
- Weathersby, MS: less expensive homes
- Clinton, KS: less expensive homes
- Clarksville, NY: less expensive homes
- Chloride, AZ: less expensive homes
- Chestnut, IL: less expensive homes
- Cherry Spring, TX: higher priced homes
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