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These days, finding an affordable place to live in the Chance area can be challenging. Home prices in Chance are now at a median cost of $244,200, lower than the Virginia average of $443,089.
The average cost of rent is $1,148/mo in Chance, primarily driven by the current value of real estate in the Chance area. In Chance, 4.58% of households rent, and 45.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chance is $4,570 per month. Households that rent pay about 25.12% of their income on rent here. Chance’s most expensive areas are in the central regions, while the cheapest areas are in the central 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: equally priced homes
- Hustle, VA: equally priced homes
- Caret, VA: less expensive homes
- Horners, VA: less expensive homes
- Elevon, VA: equally priced homes
- Loretto, VA: equally priced homes
- Occupacia, VA: equally priced homes
- Leedstown, VA: less expensive homes
- Foneswood, VA: less expensive homes
- Newland, VA: higher priced homes
Cities with Similar Populations
- Nevin, KY: higher priced homes
- Ballengee, WV: less expensive homes
- Browns Hollow, NY: less expensive homes
- Bancroft, OR: less expensive homes
- Brooklyn, WA: higher priced homes
- Paradise, AZ: less expensive homes
- Bartow, WV: less expensive homes
- Brevort, MI: less expensive homes
- Wedderburn, OR: higher priced homes
- Weona Junction, AR: less expensive homes
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