That house is way overpriced right now considering the neighborhood median income is $30,994.
Using this formula, you can tell if a house is overpriced or not:
90% of Monthly Repayment / (70% of Neighbor's Income / 12 Months)
If the answer is over 20%, then the house is overpriced. In this example the Percent of Average Monthly Income of Neighbors for this house is a whopping 36%
657*0.9 / ((30994*0.7)/12) = .36
Considering all this, This house should, more appropriately, be priced at or under $76,000 that would be a monthly payment of $356 (76000*.00469)
356*0.9 /((30994*0.7)/12) = .20
There are 3 types of people in this world, those who can count and those who can't.