Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Chestnut Knob area can be challenging. Home prices in Chestnut Knob are now at a median cost of $177,000, lower than the Virginia average of $443,089.
The average cost of rent is $678/mo in Chestnut Knob, primarily driven by the current value of real estate in the Chestnut Knob area. In Chestnut Knob, 3.91% of households rent, and 65.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chestnut Knob is $3,527 per month. Households that rent pay about 19.22% of their income on rent here. Chestnut Knob’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
- Horse Pasture, VA: less expensive homes
- Ridgeway, VA: less expensive homes
- Koehler, VA: less expensive homes
- Martinsville, VA: less expensive homes
- Preston, VA: less expensive homes
- Spencer, VA: less expensive homes
- Fieldale, VA: less expensive homes
- Collinsville, VA: less expensive homes
- Irisburg, VA: less expensive homes
- Jones Creek, VA: equally priced homes
Cities with Similar Populations
- Oats, SC: higher priced homes
- Millersview, TX: less expensive homes
- Millville, WV: higher priced homes
- Minisink Hills, PA: higher priced homes
- Minnehaha Springs, WV: less expensive homes
- Neshoba, MS: less expensive homes
- Norcross, MN: equally priced homes
- North River, NY: higher priced homes
- Oaks, MS: less expensive homes
- Oatman, AZ: less expensive homes
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