
Home Price Key
These days, finding an affordable place to live in the Hermosa area can be challenging. Home prices in Hermosa are now at a median cost of $90,300, lower than the Virginia average of $323,261.
The average cost of rent is $696/mo in Hermosa, primarily driven by the current value of real estate in the Hermosa area. While nearly 68.45% of residents own their homes outright in Hermosa, 23.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hermosa is $3,583 per month. Households that rent pay about 19.43% of their income on rent here. Hermosa's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Mount Airy, VA: equally priced homes
- Leda, VA: higher priced homes
- Renan, VA: higher priced homes
- Riceville, VA: higher priced homes
- Stovall, VA: less expensive homes
- Straightstone, VA: higher priced homes
- Java, VA: higher priced homes
- Greenfield, VA: higher priced homes
- Long Island, VA: higher priced homes
- Nathalie, VA: higher priced homes
Cities with Similar Populations
- Red Cross, PA: higher priced homes
- Moorman, KY: higher priced homes
- Morrisvale, WV: higher priced homes
- Mulberry, MO: higher priced homes
- Mulch, VA: higher priced homes
- New Maysville, IN: higher priced homes
- Newcastle, IL: equally priced homes
- Noel, OK: higher priced homes
- Non, OK: less expensive homes
- Norris, MO: higher priced homes
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