Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elmwood area can be challenging. Home prices in Elmwood are now at a median cost of $164,144, higher than the West Virginia average of $138,399.
The average cost of rent is $671/mo in Elmwood, primarily driven by the current value of real estate in the Elmwood area. While nearly 59.74% of residents own their homes outright in Elmwood, 0.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elmwood is $3,739 per month. Households that rent pay about 17.96% of their income on rent here. Elmwood's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Capehart, WV: higher priced homes
- Young, WV: less expensive homes
- Gunville, WV: equally priced homes
- Extra, WV: less expensive homes
- Parchment Valley, WV: equally priced homes
- Leon, WV: less expensive homes
- Waterloo, WV: less expensive homes
- Given, WV: less expensive homes
- Liberty, WV: less expensive homes
- Evans, WV: equally priced homes
Cities with Similar Populations
- Cotton Town, AR: less expensive homes
- Comer, IL: higher priced homes
- Communia, IA: less expensive homes
- Willowbrook, KS: less expensive homes
- Consul, AL: less expensive homes
- Willow, IL: higher priced homes
- Cool Springs, KY: less expensive homes
- Copeland, VA: less expensive homes
- Cordes Junction, AZ: higher priced homes
- Cordova, KY: less expensive homes
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