Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Nebo area can be challenging. Home prices in Nebo are now at a median cost of $86,849, lower than the Virginia average of $323,261.
The average cost of rent is $633/mo in Nebo, primarily driven by the current value of real estate in the Nebo area. While nearly 83.01% of residents own their homes outright in Nebo, 22.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nebo is $4,800 per month. Households that rent pay about 13.18% of their income on rent here. Nebo's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Atkins, VA: less expensive homes
- Groseclose, VA: higher priced homes
- Chatham Hill, VA: less expensive homes
- Ceres, VA: higher priced homes
- Attoway, VA: higher priced homes
- Rural Retreat, VA: higher priced homes
- Marion, VA: higher priced homes
- Tannersville, VA: higher priced homes
- Staley Crossroads, VA: higher priced homes
- Seven Mile Ford, VA: higher priced homes
Cities with Similar Populations
- Gilead, IL: higher priced homes
- Waverly, LA: less expensive homes
- Wawawai, WA: higher priced homes
- Weaverton, KY: higher priced homes
- Webb Summit, OH: higher priced homes
- Weikert, PA: higher priced homes
- Weinert, TX: less expensive homes
- Weingarten, MO: higher priced homes
- Gross, IL: higher priced homes
- Green Pond, VA: higher priced homes
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