Home Price Key
Affordable
Average
Expensive
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 $140,972, lower than the Virginia average of $323,261.
The average cost of rent is $840/mo in Paces, primarily driven by the current value of real estate in the Paces area. While nearly 45.52% of residents own their homes outright in Paces, 22.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Paces is $3,913 per month. Households that rent pay about 21.47% of their income on rent here. Paces's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Elmo, VA: equally priced homes
- Danripple, VA: less expensive homes
- Alton, VA: equally priced homes
- Hyco, VA: equally priced homes
- Cluster Springs, VA: less expensive homes
- Harmony, VA: less expensive homes
- Sutherlin, VA: less expensive homes
- Laurel Grove, VA: equally priced homes
- Denniston, VA: equally priced homes
- Vernon Hill, VA: less expensive homes
Cities with Similar Populations
- Saratoga Center, IL: less expensive homes
- Saginaw, AR: equally priced homes
- Salco, PA: equally priced homes
- Saltillo, IN: less expensive homes
- San Antonio, NM: equally priced homes
- San Antonito, NM: equally priced homes
- San Mateo, NM: less expensive homes
- Sand Point, OK: equally priced homes
- Sand Springs, TX: equally priced homes
- Sandy Bottom, MD: higher priced homes
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