Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hereford area can be challenging. Home prices in Hereford are now at a median cost of $148,741, higher than the West Virginia average of $138,399.
The average cost of rent is $605/mo in Hereford, primarily driven by the current value of real estate in the Hereford area. While nearly 54.46% of residents own their homes outright in Hereford, 17.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hereford is $3,993 per month. Households that rent pay about 15.15% of their income on rent here. Hereford's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Advent, WV: equally priced homes
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Cities with Similar Populations
- Regan, ND: equally priced homes
- Nimrod, TX: less expensive homes
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- Raynesford, MT: higher priced homes
- Raynham, NC: less expensive homes
- Reaville, NJ: higher priced homes
- Redeye, VA: less expensive homes
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