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Affordable
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These days, finding an affordable place to live in the Locust Creek area can be challenging. Home prices in Locust Creek are now at a median cost of $365,333, lower than the Virginia average of $443,089.
The average cost of rent is $1,216/mo in Locust Creek, primarily driven by the current value of real estate in the Locust Creek area. In Locust Creek, 11.72% of households rent, and 24.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Locust Creek is $8,219 per month. Households that rent pay about 14.80% of their income on rent here. Locust Creek’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bumpass, VA: equally priced homes
- Montpelier, VA: higher priced homes
- Dabneys, VA: equally priced homes
- Shelfar, VA: less expensive homes
- Beaverdam, VA: higher priced homes
- Rockville, VA: higher priced homes
- Gum Spring, VA: equally priced homes
- South Anna, VA: less expensive homes
- Hewlett, VA: higher priced homes
- Maidens, VA: higher priced homes
Cities with Similar Populations
- Wilkinsville, SC: less expensive homes
- Bonaparte, IA: less expensive homes
- Branch, MO: less expensive homes
- Camp Wood, TX: less expensive homes
- Carlotta, CA: higher priced homes
- West Portal, NJ: higher priced homes
- West Scio, OR: higher priced homes
- Weston, LA: less expensive homes
- White City, MO: less expensive homes
- White Lake, WI: less expensive homes
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