Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palmer Springs area can be challenging. Home prices in Palmer Springs are now at a median cost of $248,300, lower than the Virginia average of $323,261.
The average cost of rent is $594/mo in Palmer Springs, primarily driven by the current value of real estate in the Palmer Springs area. While nearly 43.94% of residents own their homes outright in Palmer Springs, 13.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palmer Springs is $6,643 per month. Households that rent pay about 8.94% of their income on rent here. Palmer Springs's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Phillis, VA: equally priced homes
- Oine, NC: less expensive homes
- Redlawn, VA: less expensive homes
- Paschall, NC: less expensive homes
- Norvello, VA: less expensive homes
- Boydton, VA: less expensive homes
- Soul City, NC: less expensive homes
- Cusco Willa, VA: less expensive homes
- Bracey, VA: higher priced homes
- Manson, NC: less expensive homes
Cities with Similar Populations
- Selleck, WA: higher priced homes
- Mar Lin, PA: less expensive homes
- Marco, IN: less expensive homes
- Marco, LA: less expensive homes
- Marmarth, ND: less expensive homes
- McNally, IA: less expensive homes
- Sample Run, PA: less expensive homes
- Sandy Valley, PA: less expensive homes
- Saxis, VA: less expensive homes
- Schochoh, KY: less expensive homes
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