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These days, finding an affordable place to live in the Coolwell area can be challenging. Home prices in Coolwell are now at a median cost of $213,103, lower than the Virginia average of $443,089.
The average cost of rent is $768/mo in Coolwell, primarily driven by the current value of real estate in the Coolwell area. In Coolwell, 7.02% of households rent, and 38.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Coolwell is $5,220 per month. Households that rent pay about 14.71% of their income on rent here. Coolwell’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sweet Briar, VA: higher priced homes
- Madison Heights, VA: equally priced homes
- Galts Mill, VA: equally priced homes
- Joshua Falls, VA: less expensive homes
- Amherst, VA: higher priced homes
- Monroe, VA: higher priced homes
- Stapleton, VA: equally priced homes
- Elon, VA: higher priced homes
- Clifford, VA: equally priced homes
- Buffalo Hill, VA: higher priced homes
Cities with Similar Populations
- Pond Creek, OK: less expensive homes
- Jacksontown, OH: higher priced homes
- Jim Falls, WI: higher priced homes
- Kellogg, MN: higher priced homes
- Kents Hill, ME: higher priced homes
- Kinderlou, GA: higher priced homes
- Kneeland, WI: higher priced homes
- Long Branch, TX: less expensive homes
- Longport, NJ: higher priced homes
- Lynd, MN: higher priced homes
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