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These days, finding an affordable place to live in the Castlewood area can be challenging. Home prices in Castlewood are now at a median cost of $132,091, lower than the Virginia average of $443,089.
The average cost of rent is $769/mo in Castlewood, primarily driven by the current value of real estate in the Castlewood area. In Castlewood, 17.39% of households rent, and 60.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Castlewood is $4,239 per month. Households that rent pay about 18.15% of their income on rent here. Castlewood’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
- Temple Hill, VA: higher priced homes
- Dickensonville, VA: equally priced homes
- Mew, VA: less expensive homes
- Hamlin, VA: less expensive homes
- St. Paul, VA: equally priced homes
- Carterton, VA: equally priced homes
- Fugates Hill, VA: equally priced homes
- Willow Spring, VA: higher priced homes
- Carfax, VA: less expensive homes
- Sun, VA: less expensive homes
Cities with Similar Populations
- Randolph, WI: higher priced homes
- Italy, TX: higher priced homes
- Newbury, MA: higher priced homes
- Fogelsville, PA: higher priced homes
- Whitefield, NH: higher priced homes
- Bear Creek, NC: higher priced homes
- Narragansett Pier, RI: higher priced homes
- El Paso, IL: higher priced homes
- Watertown, FL: less expensive homes
- Cochranton, PA: higher priced homes
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