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These days, finding an affordable place to live in the Colebank area can be challenging. Home prices in Colebank are now at a median cost of $189,610, higher than the West Virginia average of $177,366.
The average cost of rent is $769/mo in Colebank, primarily driven by the current value of real estate in the Colebank area. In Colebank, 17.08% of households rent, and 57.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Colebank is $4,712 per month. Households that rent pay about 16.32% of their income on rent here. Colebank’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kasson, WV: equally priced homes
- Sinclair, WV: less expensive homes
- Valley Furnace, WV: equally priced homes
- Marquess, WV: less expensive homes
- Nestorville, WV: equally priced homes
- Moatsville, WV: equally priced homes
- Stevensburg, WV: less expensive homes
- Etam, WV: less expensive homes
- St. George, WV: equally priced homes
- Tacy, WV: less expensive homes
Cities with Similar Populations
- Ransom, PA: higher priced homes
- Leighton, TN: less expensive homes
- Lejunior, KY: less expensive homes
- Llaves, NM: equally priced homes
- Loring, MT: higher priced homes
- Prairie, ID: higher priced homes
- Pyrmont, IN: higher priced homes
- Queen, NM: equally priced homes
- Randall, GA: less expensive homes
- Leevale, WV: less expensive homes
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