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These days, finding an affordable place to live in the Coleman Falls area can be challenging. Home prices in Coleman Falls are now at a median cost of $391,052, lower than the Virginia average of $443,089.
The average cost of rent is $1,210/mo in Coleman Falls, primarily driven by the current value of real estate in the Coleman Falls area. In Coleman Falls, 3.76% of households rent, and 38.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Coleman Falls is $10,029 per month. Households that rent pay about 12.06% of their income on rent here. Coleman Falls’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Waugh, VA: equally priced homes
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- Forest, VA: equally priced homes
Cities with Similar Populations
- Sliders, VA: less expensive homes
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- Ryder, ND: less expensive homes
- Sagetown, NY: less expensive homes
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