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These days, finding an affordable place to live in the Gillespie area can be challenging. Home prices in Gillespie are now at a median cost of $58,658, lower than the Virginia average of $443,089.
The average cost of rent is $659/mo in Gillespie, primarily driven by the current value of real estate in the Gillespie area. In Gillespie, 10.15% of households rent, and 97.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gillespie is $4,039 per month. Households that rent pay about 16.31% of their income on rent here. Gillespie’s most expensive areas are in the southwestern 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
- Maxie, VA: equally priced homes
- Vicey, VA: higher priced homes
- Breaks, VA: equally priced homes
- Harman Junction, VA: higher priced homes
- Pearly, VA: higher priced homes
- Conaway, VA: higher priced homes
- Haysi, VA: higher priced homes
- Tookland, VA: higher priced homes
- Prater, VA: higher priced homes
- Mouthcard, KY: higher priced homes
Cities with Similar Populations
- Fisty, KY: higher priced homes
- Gortner, MD: higher priced homes
- Goodwill, MD: higher priced homes
- Golightly, SC: higher priced homes
- Gentilly, MN: higher priced homes
- Furniss, NY: higher priced homes
- Froid, MT: higher priced homes
- French Lake, MN: higher priced homes
- Forest Junction, WI: higher priced homes
- Forest Home, AL: equally priced homes
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