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These days, finding an affordable place to live in the Kermit area can be challenging. Home prices in Kermit are now at a median cost of $106,192, lower than the West Virginia average of $177,366.
The average cost of rent is $807/mo in Kermit, primarily driven by the current value of real estate in the Kermit area. In Kermit, 22.29% of households rent, and 66.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kermit is $4,031 per month. Households that rent pay about 20.02% of their income on rent here. Kermit’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Warfield, KY: less expensive homes
- Selwyn, WV: less expensive homes
- Beauty, KY: equally priced homes
- Lovely, KY: higher priced homes
- Crum, WV: higher priced homes
- Blocton, WV: less expensive homes
- Inez, KY: less expensive homes
- Kirk, WV: less expensive homes
- Pilgrim, KY: less expensive homes
- Wilsondale, WV: higher priced homes
Cities with Similar Populations
- Hull, TX: higher priced homes
- Lloyd, FL: higher priced homes
- Linwood, MA: higher priced homes
- Lindley, NY: higher priced homes
- Lewisville, ID: higher priced homes
- Lee Pope, GA: higher priced homes
- Langston, AL: higher priced homes
- Lake View, IA: higher priced homes
- Kopperl, TX: higher priced homes
- Akeley, MN: higher priced homes
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