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These days, finding an affordable place to live in the Loop area can be challenging. Home prices in Loop are now at a median cost of $206,636, higher than the West Virginia average of $177,366.
The average cost of rent is $846/mo in Loop, primarily driven by the current value of real estate in the Loop area. In Loop, 37.42% of households rent, and 66.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Loop is $5,312 per month. Households that rent pay about 15.92% of their income on rent here. Loop’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Romance, WV: equally priced homes
- Goldtown, WV: less expensive homes
- Sissonville, WV: less expensive homes
- Kenna, WV: less expensive homes
- Pocatalico, WV: less expensive homes
- Heizer, WV: less expensive homes
- Liberty, WV: less expensive homes
- Fletcher, WV: less expensive homes
- Fivemile, WV: less expensive homes
- Given, WV: less expensive homes
Cities with Similar Populations
- Victoria, WV: less expensive homes
- East Hanover, PA: higher priced homes
- East Poestenkill, NY: higher priced homes
- East Thorndike, ME: equally priced homes
- Economy, AR: less expensive homes
- Eek, AK: less expensive homes
- Elberon, IA: less expensive homes
- Valentines, VA: higher priced homes
- Van Buren, KY: higher priced homes
- Van Voorhis, PA: less expensive homes
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