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These days, finding an affordable place to live in the Penvir area can be challenging. Home prices in Penvir are now at a median cost of $144,600, lower than the Virginia average of $443,089.
The average cost of rent is $543/mo in Penvir, primarily driven by the current value of real estate in the Penvir area. In Penvir, 14.49% of households rent, and 52.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Penvir is $5,636 per month. Households that rent pay about 9.63% of their income on rent here. Penvir’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
- Willowton, WV: less expensive homes
- Phlegar, VA: equally priced homes
- Western, VA: equally priced homes
- Thessalia, VA: equally priced homes
- Narrows, VA: less expensive homes
- Glen Lyn, VA: less expensive homes
- Pumpkin Center, VA: less expensive homes
- Holly Brook, VA: equally priced homes
- Round Bottom, VA: less expensive homes
- Ingleside, WV: less expensive homes
Cities with Similar Populations
- Manitou, MN: higher priced homes
- Lynchburg, ND: higher priced homes
- Lysite, WY: higher priced homes
- Mabelle, TX: higher priced homes
- Mabie, CA: higher priced homes
- Madeline, CA: higher priced homes
- Zeona, SD: equally priced homes
- Zenith, KS: less expensive homes
- Major, VA: higher priced homes
- Majorsville, WV: higher priced homes
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