Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gem area can be challenging. Home prices in Gem are now at a median cost of $82,950, lower than the West Virginia average of $138,399.
The average cost of rent is $776/mo in Gem, primarily driven by the current value of real estate in the Gem area. While nearly 67.86% of residents own their homes outright in Gem, 11.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gem is $5,895 per month. Households that rent pay about 13.16% of their income on rent here. Gem's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Burnsville, WV: equally priced homes
- Copen, WV: equally priced homes
- Lloydsville, WV: higher priced homes
- Heaters, WV: higher priced homes
- Exchange, WV: higher priced homes
- Napier, WV: higher priced homes
- Orlando, WV: higher priced homes
- Stouts Mills, WV: equally priced homes
- Falls Mill, WV: higher priced homes
- Cutlips, WV: higher priced homes
Cities with Similar Populations
- Shuler, AR: higher priced homes
- Huachuca Terrace, AZ: less expensive homes
- Huggins, MO: higher priced homes
- Hull, FL: higher priced homes
- Husband, PA: higher priced homes
- Hustle, VA: higher priced homes
- Shiloh, TN: equally priced homes
- Shipley, IA: higher priced homes
- Short, OK: equally priced homes
- Shortsville, PA: higher priced homes
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