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Affordable
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These days, finding an affordable place to live in the Red House area can be challenging. Home prices in Red House are now at a median cost of $182,780, lower than the Virginia average of $443,089.
The average cost of rent is $683/mo in Red House, primarily driven by the current value of real estate in the Red House area. In Red House, 16.18% of households rent, and 57.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Red House is $5,532 per month. Households that rent pay about 12.35% of their income on rent here. Red House’s most expensive areas are in the central 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
- Rough Creek, VA: equally priced homes
- Wren, VA: less expensive homes
- Pamplin City, VA: equally priced homes
- Spring Mills, VA: equally priced homes
- Phenix, VA: less expensive homes
- Cullen, VA: equally priced homes
- Pamplin, VA: higher priced homes
- Hat Creek, VA: less expensive homes
- Darlington Heights, VA: higher priced homes
- Womacks, VA: equally priced homes
Cities with Similar Populations
- New Windsor, IL: less expensive homes
- Paxico, KS: equally priced homes
- Palmer, MI: less expensive homes
- Oro Grande, CA: higher priced homes
- Odessa, DE: higher priced homes
- Ocheyedan, IA: less expensive homes
- Oakland, MO: higher priced homes
- Norwood, LA: higher priced homes
- Nickerson, NE: higher priced homes
- Nickel, TX: higher priced homes
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