Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lignum area can be challenging. Home prices in Lignum are now at a median cost of $301,738, lower than the Virginia average of $323,261.
The average cost of rent is $1,409/mo in Lignum, primarily driven by the current value of real estate in the Lignum area. While nearly 35.41% of residents own their homes outright in Lignum, 18.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lignum is $6,986 per month. Households that rent pay about 20.17% of their income on rent here. Lignum's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Indian Town, VA: equally priced homes
- Richardsville, VA: equally priced homes
- Elkwood, VA: equally priced homes
- Stevensburg, VA: equally priced homes
- Locustgrove, VA: higher priced homes
- Lake of the Woods, VA: equally priced homes
- Burr Hill, VA: equally priced homes
- Sumerduck, VA: equally priced homes
- Wilderness, VA: equally priced homes
- Trueblue, VA: equally priced homes
Cities with Similar Populations
- Fort George Island, FL: equally priced homes
- Erwin, TX: less expensive homes
- Evans, WA: less expensive homes
- Fagus, MO: less expensive homes
- Fairmount, ND: less expensive homes
- Falkland, NC: less expensive homes
- Faxon, KY: less expensive homes
- Findley, MI: less expensive homes
- Floyd, NM: less expensive homes
- Erie, TN: less expensive homes
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