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These days, finding an affordable place to live in the Bohannon area can be challenging. Home prices in Bohannon are now at a median cost of $334,900, lower than the Virginia average of $443,089.
The average cost of rent is $1,161/mo in Bohannon, primarily driven by the current value of real estate in the Bohannon area. In Bohannon, 12.58% of households rent, and 45.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bohannon is $6,338 per month. Households that rent pay about 18.32% of their income on rent here. Bohannon’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cardinal, VA: equally priced homes
- Foster, VA: equally priced homes
- Port Haywood, VA: equally priced homes
- Mathews, VA: equally priced homes
- North, VA: equally priced homes
- Moon, VA: higher priced homes
- Naxera, VA: higher priced homes
- Susan, VA: equally priced homes
- Cobbs Creek, VA: higher priced homes
- Diggs, VA: equally priced homes
Cities with Similar Populations
- Mongo, IN: less expensive homes
- Kendallville, IA: less expensive homes
- Francis Mills, NJ: higher priced homes
- Saluvia, PA: less expensive homes
- San Isidro, TX: less expensive homes
- Foss, OK: less expensive homes
- Fort Robinson, NE: less expensive homes
- Sanctuary, TX: higher priced homes
- Sand Barrens, IL: less expensive homes
- Scarville, IA: less expensive homes
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