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These days, finding an affordable place to live in the Alderson area can be challenging. Home prices in Alderson are now at a median cost of $164,291, lower than the West Virginia average of $177,366.
The average cost of rent is $757/mo in Alderson, primarily driven by the current value of real estate in the Alderson area. In Alderson, 27.42% of households rent, and 56.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alderson is $3,379 per month. Households that rent pay about 22.39% of their income on rent here. Alderson’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Glenray, WV: higher priced homes
- Clayton, WV: higher priced homes
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- Tempa, WV: less expensive homes
- Creamery, WV: higher priced homes
- Blue Sulphur Springs, WV: higher priced homes
- Talcott, WV: equally priced homes
- Asbury, WV: higher priced homes
Cities with Similar Populations
- Kualapuu, HI: higher priced homes
- Corapeake, NC: higher priced homes
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- Tarkio, MO: less expensive homes
- McKenney, VA: higher priced homes
- Fairview, WV: less expensive homes
- Fitzwilliam, NH: higher priced homes
- Drakesboro, KY: less expensive homes
- Marcola, OR: higher priced homes
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