Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morefield area can be challenging. Home prices in Morefield are now at a median cost of $95,917, lower than the Virginia average of $323,261.
The average cost of rent is $379/mo in Morefield, primarily driven by the current value of real estate in the Morefield area. While nearly 55.88% of residents own their homes outright in Morefield, 38.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morefield is $2,587 per month. Households that rent pay about 14.67% of their income on rent here. Morefield's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- St. Paul, VA: equally priced homes
- West Dante, VA: less expensive homes
- Herald, VA: equally priced homes
- Hamlin, VA: equally priced homes
- Carfax, VA: higher priced homes
- Sun, VA: less expensive homes
- Dante, VA: equally priced homes
- Nora, VA: less expensive homes
- Toms Creek, VA: higher priced homes
- Wakenva, VA: less expensive homes
Cities with Similar Populations
- Slickford, KY: less expensive homes
- Lake Hamilton, AR: higher priced homes
- Lanark, AR: less expensive homes
- Lankin, ND: less expensive homes
- Lasca, AL: higher priced homes
- Latham, TN: equally priced homes
- Laurel, OR: higher priced homes
- Linn, WV: equally priced homes
- Seward, OH: higher priced homes
- Shaffersville, PA: higher priced homes
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