Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Red Spring area can be challenging. Home prices in Red Spring are now at a median cost of $94,700, lower than the West Virginia average of $138,399.
The average cost of rent is $745/mo in Red Spring, primarily driven by the current value of real estate in the Red Spring area. While nearly 52.87% of residents own their homes outright in Red Spring, 10.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Red Spring is $4,180 per month. Households that rent pay about 17.82% of their income on rent here. Red Spring's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Danese, WV: higher priced homes
- Layland, WV: equally priced homes
- Meadow Creek, WV: higher priced homes
- Crickmer, WV: equally priced homes
- Meadow Bridge, WV: higher priced homes
- Thayer, WV: less expensive homes
- Beelick Knob, WV: higher priced homes
- Bragg, WV: higher priced homes
- Lockbridge, WV: higher priced homes
- Prince, WV: less expensive homes
Cities with Similar Populations
- Alpine Junction, WY: higher priced homes
- Athens, MS: less expensive homes
- Y City, AR: equally priced homes
- Amonate, VA: less expensive homes
- Ambrose, ND: higher priced homes
- Alexandria, NH: higher priced homes
- Alexandria, MO: higher priced homes
- Alamo, ND: higher priced homes
- Agenda, KS: less expensive homes
- Plano, ID: higher priced homes
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