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Affordable
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These days, finding an affordable place to live in the Caret area can be challenging. Home prices in Caret are now at a median cost of $211,789, lower than the Virginia average of $443,089.
The average cost of rent is $1,170/mo in Caret, primarily driven by the current value of real estate in the Caret area. In Caret, 8.26% of households rent, and 47.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Caret is $4,983 per month. Households that rent pay about 23.48% of their income on rent here. Caret’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Champlain, VA: higher priced homes
- Hustle, VA: higher priced homes
- Elevon, VA: equally priced homes
- Chance, VA: higher priced homes
- Beazley, VA: equally priced homes
- Rexburg, VA: equally priced homes
- Tignor, VA: equally priced homes
- Occupacia, VA: higher priced homes
- Loretto, VA: higher priced homes
- Mount Landing, VA: equally priced homes
Cities with Similar Populations
- South Bradford, PA: less expensive homes
- Lillian, TX: higher priced homes
- Liberty City, TX: less expensive homes
- Leyden, MA: higher priced homes
- Smyrna Mills, ME: less expensive homes
- Leverett, MS: less expensive homes
- Leopold, IN: equally priced homes
- Leon, WI: higher priced homes
- Snug Harbor, WA: higher priced homes
- South Anna, VA: higher priced homes
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