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These days, finding an affordable place to live in the Redeye area can be challenging. Home prices in Redeye are now at a median cost of $163,922, lower than the Virginia average of $443,089.
The average cost of rent is $1,118/mo in Redeye, primarily driven by the current value of real estate in the Redeye area. In Redeye, 26.72% of households rent, and 73.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Redeye is $3,840 per month. Households that rent pay about 29.13% of their income on rent here. Redeye’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Whittle, VA: equally priced homes
- Climax, VA: equally priced homes
- Pullens, VA: equally priced homes
- Pittsville, VA: less expensive homes
- Green Pond, VA: less expensive homes
- Gretna, VA: less expensive homes
- Chatham, VA: equally priced homes
- Museville, VA: less expensive homes
- Weal, VA: less expensive homes
- Sycamore, VA: less expensive homes
Cities with Similar Populations
- Pennine, TN: less expensive homes
- Reagantown, PA: higher priced homes
- Raynham, NC: less expensive homes
- Raynesford, MT: higher priced homes
- Raymondville, NY: less expensive homes
- Rathbun, IA: equally priced homes
- Randolph, AZ: less expensive homes
- Ramona, KS: less expensive homes
- Rainbow Lake, NY: higher priced homes
- Reagor Springs, TX: higher priced homes
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