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These days, finding an affordable place to live in the Fancy Gap area can be challenging. Home prices in Fancy Gap are now at a median cost of $159,199, lower than the Virginia average of $443,089.
The average cost of rent is $715/mo in Fancy Gap, primarily driven by the current value of real estate in the Fancy Gap area. In Fancy Gap, 18.70% of households rent, and 66.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fancy Gap is $4,225 per month. Households that rent pay about 16.91% of their income on rent here. Fancy Gap’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cana, VA: less expensive homes
- Gladesboro, VA: higher priced homes
- Lambsburg, VA: equally priced homes
- Hillsville, VA: higher priced homes
- Woodlawn, VA: equally priced homes
- Pipers Gap, VA: less expensive homes
- Ararat, VA: higher priced homes
- Toast, NC: higher priced homes
- Laurel Fork, VA: less expensive homes
- Lowgap, NC: higher priced homes
Cities with Similar Populations
- Shrub Oak, NY: higher priced homes
- Edgewood, IN: higher priced homes
- Garrison, ND: higher priced homes
- Hamburg, OH: higher priced homes
- Hooker, OK: less expensive homes
- Hoyt, KS: higher priced homes
- Hustisford, WI: higher priced homes
- Jerome, IL: less expensive homes
- Merryville, LA: less expensive homes
- Mount Pulaski, IL: less expensive homes
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