Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Paces area can be challenging. Home prices in Paces are now at a median cost of $109,303, lower than the Virginia average of $443,089.
The average cost of rent is $1,126/mo in Paces, primarily driven by the current value of real estate in the Paces area. In Paces, 29.68% of households rent, and 48.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paces is $3,582 per month. Households that rent pay about 31.42% of their income on rent here. Paces’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elmo, VA: equally priced homes
- Danripple, VA: higher priced homes
- Alton, VA: higher priced homes
- Hyco, VA: equally priced homes
- Cluster Springs, VA: higher priced homes
- Harmony, VA: higher priced homes
- Sutherlin, VA: higher priced homes
- Laurel Grove, VA: higher priced homes
- Denniston, VA: higher priced homes
- Vernon Hill, VA: higher priced homes
Cities with Similar Populations
- Saratoga Center, IL: higher priced homes
- Saginaw, AR: higher priced homes
- Salco, PA: higher priced homes
- Saltillo, IN: higher priced homes
- San Antonio, NM: higher priced homes
- San Antonito, NM: higher priced homes
- San Mateo, NM: higher priced homes
- Sand Point, OK: higher priced homes
- Sand Springs, TX: higher priced homes
- Sandy Bottom, MD: higher priced homes
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