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Affordable
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These days, finding an affordable place to live in the Philpott area can be challenging. Home prices in Philpott are now at a median cost of $163,435, lower than the Virginia average of $443,089.
The average cost of rent is $601/mo in Philpott, primarily driven by the current value of real estate in the Philpott area. In Philpott, 15.97% of households rent, and 67.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Philpott is $4,715 per month. Households that rent pay about 12.74% of their income on rent here. Philpott’s most expensive areas are in the northern 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
- Henry, VA: equally priced homes
- Bassett, VA: less expensive homes
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- Stanleytown, VA: higher priced homes
- Oak Level, VA: higher priced homes
- Prilliman, VA: equally priced homes
- Ferrum, VA: higher priced homes
- Fieldale, VA: less expensive homes
- Collinsville, VA: less expensive homes
- Figsboro, VA: equally priced homes
Cities with Similar Populations
- Kingman, ME: less expensive homes
- Industry, AL: less expensive homes
- Jackson, MT: higher priced homes
- Jacobs Creek Landing, KS: equally priced homes
- Jerico, KY: higher priced homes
- Johnstown, WV: higher priced homes
- Jolietville, IN: higher priced homes
- Jonestown, IN: less expensive homes
- Joshua Falls, VA: equally priced homes
- Jubys, OK: equally priced homes
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