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These days, finding an affordable place to live in the Bassett area can be challenging. Home prices in Bassett are now at a median cost of $134,138, lower than the Virginia average of $443,089.
The average cost of rent is $586/mo in Bassett, primarily driven by the current value of real estate in the Bassett area. In Bassett, 23.74% of households rent, and 60.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bassett is $4,167 per month. Households that rent pay about 14.06% of their income on rent here. Bassett’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Stanleytown, VA: higher priced homes
- Fieldale, VA: less expensive homes
- Philpott, VA: higher priced homes
- Sanville, VA: equally priced homes
- Collinsville, VA: equally priced homes
- Preston, VA: less expensive homes
- Henry, VA: higher priced homes
- Oak Level, VA: higher priced homes
- Koehler, VA: less expensive homes
- Jones Creek, VA: higher priced homes
Cities with Similar Populations
- Fort Pierce South, FL: higher priced homes
- East Rutherford, NJ: higher priced homes
- Tres Hermanos, PR: less expensive homes
- Tuttle, OK: higher priced homes
- Tyrone, GA: higher priced homes
- Fairfield, IA: higher priced homes
- Wright City, MO: higher priced homes
- East Franklin, NJ: higher priced homes
- Prince Frederick, MD: higher priced homes
- Finksburg, MD: higher priced homes
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