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These days, finding an affordable place to live in the Ceredo area can be challenging. Home prices in Ceredo are now at a median cost of $159,195, lower than the West Virginia average of $177,366.
The average cost of rent is $943/mo in Ceredo, primarily driven by the current value of real estate in the Ceredo area. In Ceredo, 28.00% of households rent, and 56.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ceredo is $5,508 per month. Households that rent pay about 17.13% of their income on rent here. Ceredo’s most expensive areas are in the southeastern 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
- Kenova, WV: equally priced homes
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- Lockwood, KY: equally priced homes
- Ashland, KY: less expensive homes
- Huntington, WV: equally priced homes
- Lavalette, WV: equally priced homes
Cities with Similar Populations
- Alderson, WV: equally priced homes
- Springerville, AZ: higher priced homes
- Solomon, KS: equally priced homes
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- Pleasant Hill, TN: equally priced homes
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- Norwood, MO: higher priced homes
- North Bloomfield, OH: higher priced homes
- Locke, NY: higher priced homes
- Livermore, CO: higher priced homes
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