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Affordable
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These days, finding an affordable place to live in the Nellysford area can be challenging. Home prices in Nellysford are now at a median cost of $496,903, higher than the Virginia average of $443,089.
The average cost of rent is $979/mo in Nellysford, primarily driven by the current value of real estate in the Nellysford area. In Nellysford, 16.24% of households rent, and 41.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nellysford is $10,488 per month. Households that rent pay about 9.33% of their income on rent here. Nellysford’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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