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Affordable
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These days, finding an affordable place to live in the Hallwood area can be challenging. Home prices in Hallwood are now at a median cost of $119,272, lower than the Virginia average of $443,089.
The average cost of rent is $840/mo in Hallwood, primarily driven by the current value of real estate in the Hallwood area. In Hallwood, 17.45% of households rent, and 77.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hallwood is $4,047 per month. Households that rent pay about 20.75% of their income on rent here. Hallwood’s most expensive areas are in the southeastern 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
- Mears, VA: equally priced homes
- Mappsville, VA: higher priced homes
- Temperanceville, VA: equally priced homes
- Bloxom, VA: higher priced homes
- Assawoman, VA: higher priced homes
- Nelsonia, VA: higher priced homes
- Guilford, VA: higher priced homes
- Atlantic, VA: higher priced homes
- Oak Hall, VA: higher priced homes
- Gargatha, VA: higher priced homes
Cities with Similar Populations
- Marland, OK: higher priced homes
- Reese, GA: equally priced homes
- Reedville, TX: higher priced homes
- Redford, NY: higher priced homes
- Ravenscroft, TN: higher priced homes
- Ranshaw, PA: less expensive homes
- Ragsdale, TN: higher priced homes
- Rafter, TN: higher priced homes
- Milton, KS: higher priced homes
- McGuire, ID: higher priced homes
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