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Affordable
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These days, finding an affordable place to live in the Ivanhoe area can be challenging. Home prices in Ivanhoe are now at a median cost of $118,531, lower than the Virginia average of $443,089.
The average cost of rent is $730/mo in Ivanhoe, primarily driven by the current value of real estate in the Ivanhoe area. In Ivanhoe, 18.28% of households rent, and 59.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ivanhoe is $4,785 per month. Households that rent pay about 15.27% of their income on rent here. Ivanhoe’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sheep Town, VA: higher priced homes
- Walton Furnace, VA: higher priced homes
- Huddle, VA: less expensive homes
- Austinville, VA: higher priced homes
- Hebron, VA: higher priced homes
- Fries, VA: higher priced homes
- Kent, VA: higher priced homes
- Cripple Creek, VA: higher priced homes
- Stones Mill, VA: less expensive homes
- Shorts Creek, VA: higher priced homes
Cities with Similar Populations
- Flemington, PA: higher priced homes
- Shobonier, IL: higher priced homes
- Shellman, GA: less expensive homes
- Maricopa, CA: higher priced homes
- Adams Run, SC: higher priced homes
- Humphrey, NE: higher priced homes
- Hills, IA: higher priced homes
- Furnaceville, NY: higher priced homes
- Fort Cobb, OK: equally priced homes
- Flintstone, MD: higher priced homes
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