
Home Price Key
These days, finding an affordable place to live in the Carters Mills area can be challenging. Home prices in Carters Mills are now at a median cost of $167,057, lower than the Virginia average of $323,261.
The average cost of rent is $762/mo in Carters Mills, primarily driven by the current value of real estate in the Carters Mills area. While nearly 43.59% of residents own their homes outright in Carters Mills, 27.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Carters Mills is $3,345 per month. Households that rent pay about 22.79% of their income on rent here. Carters Mills's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
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