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Affordable
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These days, finding an affordable place to live in the Loom area can be challenging. Home prices in Loom are now at a median cost of $237,808, higher than the West Virginia average of $177,366.
The average cost of rent is $788/mo in Loom, primarily driven by the current value of real estate in the Loom area. In Loom, 11.70% of households rent, and 59.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Loom is $6,045 per month. Households that rent pay about 13.04% of their income on rent here. Loom’s most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Millbrook, WV: less expensive homes
- Pleasantdale, WV: equally priced homes
- Cold Stream, WV: higher priced homes
- Augusta, WV: less expensive homes
- Capon Bridge, WV: higher priced homes
- Yellow Spring, WV: less expensive homes
- High View, WV: less expensive homes
- Delray, WV: less expensive homes
- Slanesville, WV: equally priced homes
- Bloomery, WV: equally priced homes
Cities with Similar Populations
- Clifton, KY: equally priced homes
- Tiffany, WI: higher priced homes
- Vivian, OK: less expensive homes
- DeKalb, MO: less expensive homes
- Davis Station, SC: less expensive homes
- Damiansville, IL: less expensive homes
- Cuba, OH: higher priced homes
- Conway, MI: equally priced homes
- Columbus, MO: higher priced homes
- Collins, IN: equally priced homes
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