The Most Affordable Neighborhoods in Pond Gap, WV by Home Value

 

Pond Gap, WV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pond Gap area can be challenging. Home prices in Pond Gap are now at a median cost of $50,298, lower than the West Virginia average of $138,399.

The average cost of rent is $697/mo in Pond Gap, primarily driven by the current value of real estate in the Pond Gap area. While nearly 75.83% of residents own their homes outright in Pond Gap, 21.57% rent.

Housing affordability isn’t just about home prices, though. The average household income in Pond Gap is $3,246 per month. Households that rent pay about 21.46% of their income on rent here. Pond Gap's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.


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