Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Prater area can be challenging. Home prices in Prater are now at a median cost of $104,311, lower than the Virginia average of $323,261.
The average cost of rent is $667/mo in Prater, primarily driven by the current value of real estate in the Prater area. While nearly 81.53% of residents own their homes outright in Prater, 13.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Prater is $4,254 per month. Households that rent pay about 15.68% of their income on rent here. Prater's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Vansant, VA: equally priced homes
- Leemaster, VA: less expensive homes
- Tookland, VA: higher priced homes
- Vicey, VA: less expensive homes
- Pearly, VA: equally priced homes
- Deskins, VA: less expensive homes
- Murphy, VA: less expensive homes
- Deel, VA: less expensive homes
- Longbottom, VA: higher priced homes
- Birchleaf, VA: less expensive homes
Cities with Similar Populations
- Advent, WV: higher priced homes
- Airlie, VA: higher priced homes
- Plymouth Center, OH: higher priced homes
- Perkinsville, NY: less expensive homes
- Pine Hill, NY: higher priced homes
- Pine Hills, CA: higher priced homes
- Piney River, VA: higher priced homes
- Pittsburg, IN: higher priced homes
- Pittsfield, VT: higher priced homes
- Plattsville, OH: higher priced homes
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