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These days, finding an affordable place to live in the Covel area can be challenging. Home prices in Covel are now at a median cost of $41,000, lower than the West Virginia average of $177,366.
The average cost of rent is $600/mo in Covel, primarily driven by the current value of real estate in the Covel area. In Covel, 3.17% of households rent, and 84.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Covel is $3,952 per month. Households that rent pay about 15.18% of their income on rent here. Covel’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
- Garwood, WV: equally priced homes
- Herndon, WV: higher priced homes
- Herndon Heights, WV: higher priced homes
- Springton, WV: higher priced homes
- Bud, WV: higher priced homes
- Crumpler, WV: higher priced homes
- Ashland, WV: higher priced homes
- Stephenson, WV: higher priced homes
- Corinne, WV: higher priced homes
- Matoaka, WV: higher priced homes
Cities with Similar Populations
- Canawaugus, NY: higher priced homes
- Harlem, LA: higher priced homes
- Polebridge, MT: higher priced homes
- Polk, TN: higher priced homes
- Coopers Plains, NY: higher priced homes
- Roads, MO: higher priced homes
- Geetingsville, IN: higher priced homes
- West Exeter, NY: higher priced homes
- Cato, MO: higher priced homes
- River Neck, NC: higher priced homes
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