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Affordable
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These days, finding an affordable place to live in the Peniel area can be challenging. Home prices in Peniel are now at a median cost of $106,347, lower than the West Virginia average of $177,366.
The average cost of rent is $615/mo in Peniel, primarily driven by the current value of real estate in the Peniel area. In Peniel, 10.24% of households rent, and 63.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peniel is $4,591 per month. Households that rent pay about 13.40% of their income on rent here. Peniel’s most expensive areas are in the central 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
- Reedy, WV: equally priced homes
- Marshall, WV: higher priced homes
- Reedyville, WV: higher priced homes
- Seaman, WV: less expensive homes
- Liverpool, WV: higher priced homes
- Leroy, WV: higher priced homes
- Gay, WV: higher priced homes
- Spencer, WV: equally priced homes
- Nancy Run, WV: higher priced homes
- Hereford, WV: higher priced homes
Cities with Similar Populations
- South Park, OH: higher priced homes
- Hull, FL: higher priced homes
- Hunter, AR: less expensive homes
- Hunter, KS: higher priced homes
- Husband, PA: higher priced homes
- Iantha, MO: higher priced homes
- Iatan, MO: higher priced homes
- Idahome, ID: higher priced homes
- Skaggs Corner, AL: higher priced homes
- Skyland, VA: higher priced homes
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