Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lipps area can be challenging. Home prices in Lipps are now at a median cost of $77,791, lower than the Virginia average of $323,261.
The average cost of rent is $515/mo in Lipps, primarily driven by the current value of real estate in the Lipps area. While nearly 61.61% of residents own their homes outright in Lipps, 20.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lipps is $2,816 per month. Households that rent pay about 18.28% of their income on rent here. Lipps's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Stephens, VA: less expensive homes
- Flat Gap, VA: higher priced homes
- Norton, VA: higher priced homes
- Dewey, VA: higher priced homes
- Wise, VA: higher priced homes
- Pound, VA: equally priced homes
- Stonega, VA: less expensive homes
- Eolia, KY: less expensive homes
- Tacoma, VA: higher priced homes
- Round Top, VA: equally priced homes
Cities with Similar Populations
- Round Top, PA: higher priced homes
- Littrell, KY: equally priced homes
- Lockington, OH: higher priced homes
- Loma, MT: higher priced homes
- Long Branch, TN: higher priced homes
- Long, OH: higher priced homes
- Long Point, MI: higher priced homes
- Lonoak, CA: higher priced homes
- Looking Glass, OR: higher priced homes
- Loomis, OH: higher priced homes
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