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Affordable
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These days, finding an affordable place to live in the Raven area can be challenging. Home prices in Raven are now at a median cost of $119,308, lower than the Virginia average of $443,089.
The average cost of rent is $714/mo in Raven, primarily driven by the current value of real estate in the Raven area. In Raven, 22.92% of households rent, and 65.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Raven is $4,616 per month. Households that rent pay about 15.47% of their income on rent here. Raven’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Doran, VA: less expensive homes
- Richlands, VA: equally priced homes
- Vandyke, VA: equally priced homes
- Lynn Spring, VA: less expensive homes
- Red Ash, VA: higher priced homes
- Swords Creek, VA: less expensive homes
- Seaboard, VA: less expensive homes
- Cedar Bluff, VA: higher priced homes
- Marvin, VA: less expensive homes
- Gardner, VA: higher priced homes
Cities with Similar Populations
- Pineville, MO: higher priced homes
- Hanna City, IL: higher priced homes
- Henry, IL: equally priced homes
- Itasca, TX: higher priced homes
- Kimball, NE: equally priced homes
- Lakefield, MN: higher priced homes
- Nineveh, IN: higher priced homes
- North Granby, CT: higher priced homes
- Ogden, IA: higher priced homes
- Pine Beach, NJ: higher priced homes
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