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These days, finding an affordable place to live in the Callaway area can be challenging. Home prices in Callaway are now at a median cost of $258,145, lower than the Virginia average of $443,089.
The average cost of rent is $721/mo in Callaway, primarily driven by the current value of real estate in the Callaway area. In Callaway, 19.91% of households rent, and 57.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Callaway is $4,531 per month. Households that rent pay about 15.91% of their income on rent here. Callaway’s most expensive areas are in the eastern 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
- Redwood, VA: equally priced homes
- Copper Hill, VA: less expensive homes
- Ferrum, VA: less expensive homes
- Boones Mill, VA: equally priced homes
- Rocky Mount, VA: less expensive homes
- Simpsons, VA: less expensive homes
- Bent Mountain, VA: higher priced homes
- Check, VA: equally priced homes
- Terrys Fork, VA: equally priced homes
- Wirtz, VA: higher priced homes
Cities with Similar Populations
- Malone, FL: less expensive homes
- Weston, MO: higher priced homes
- Sterling, KS: less expensive homes
- Smithton, PA: less expensive homes
- Sanbornville, NH: higher priced homes
- Salem, AR: less expensive homes
- Ridge Spring, SC: less expensive homes
- Pine, AZ: higher priced homes
- Penns Neck, NJ: higher priced homes
- Pagedale, MO: less expensive homes
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