Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Karo area can be challenging. Home prices in Karo are now at a median cost of $351,617, lower than the Virginia average of $443,089.
The average cost of rent is $1,251/mo in Karo, primarily driven by the current value of real estate in the Karo area. In Karo, 15.34% of households rent, and 42.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Karo is $7,224 per month. Households that rent pay about 17.31% of their income on rent here. Karo’s most expensive areas are in the northern 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
- Bentonville, VA: equally priced homes
- Browntown, VA: higher priced homes
- Overall, VA: less expensive homes
- Front Royal, VA: equally priced homes
- Waterlick, VA: equally priced homes
- Chester Gap, VA: higher priced homes
- Happy Creek, VA: higher priced homes
- Huntly, VA: higher priced homes
- Fort Valley, VA: higher priced homes
- Toms Brook, VA: equally priced homes
Cities with Similar Populations
- New London, PA: higher priced homes
- Randlett, OK: less expensive homes
- Racine, MO: less expensive homes
- Quenemo, KS: less expensive homes
- Olcott, NY: less expensive homes
- North Powder, OR: less expensive homes
- North Pembroke, NH: equally priced homes
- Neyami, GA: less expensive homes
- Newtown, KY: higher priced homes
- New Vineyard, ME: less expensive homes
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