Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Parchment Valley area can be challenging. Home prices in Parchment Valley are now at a median cost of $154,472, higher than the West Virginia average of $138,399.
The average cost of rent is $758/mo in Parchment Valley, primarily driven by the current value of real estate in the Parchment Valley area. While nearly 56.39% of residents own their homes outright in Parchment Valley, 7.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Parchment Valley is $6,397 per month. Households that rent pay about 11.85% of their income on rent here. Parchment Valley's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Merna, WY: higher priced homes
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- Middlefield, NY: higher priced homes
- Milesville, SD: less expensive homes
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