Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Norvello area can be challenging. Home prices in Norvello are now at a median cost of $136,300, lower than the Virginia average of $323,261.
The average cost of rent is $707/mo in Norvello, primarily driven by the current value of real estate in the Norvello area. While nearly 45.65% of residents own their homes outright in Norvello, 22.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norvello is $3,677 per month. Households that rent pay about 19.23% of their income on rent here. Norvello's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Boydton, VA: higher priced homes
- Cusco Willa, VA: equally priced homes
- Phillis, VA: higher priced homes
- Redlawn, VA: higher priced homes
- Baskerville, VA: equally priced homes
- Palmer Springs, VA: higher priced homes
- The Ridge, VA: less expensive homes
- Townsville, VA: higher priced homes
- Finchley, VA: higher priced homes
- Union Level, VA: higher priced homes
Cities with Similar Populations
- Trementina, NM: less expensive homes
- Dalzell, SD: less expensive homes
- Dancy, AL: higher priced homes
- Darwin, CA: less expensive homes
- Davis, KY: higher priced homes
- Day, AR: less expensive homes
- Daytona Highridge Estates, FL: higher priced homes
- DeBaerrie, AR: equally priced homes
- Deep Hole, VA: higher priced homes
- DeLake, OR: higher priced homes
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