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Affordable
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These days, finding an affordable place to live in the Reedville area can be challenging. Home prices in Reedville are now at a median cost of $402,787, lower than the Virginia average of $443,089.
The average cost of rent is $1,055/mo in Reedville, primarily driven by the current value of real estate in the Reedville area. In Reedville, 8.68% of households rent, and 52.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reedville is $7,606 per month. Households that rent pay about 13.87% of their income on rent here. Reedville’s most expensive areas are in the northern 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
- Ophelia, VA: less expensive homes
- Burgess, VA: less expensive homes
- Wicomico Church, VA: higher priced homes
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- Ditchley, VA: higher priced homes
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- McNeals Corner, VA: less expensive homes
- Sissons Corner, VA: less expensive homes
Cities with Similar Populations
- Ruffsdale, PA: less expensive homes
- Honaunau-Napoopoo, HI: higher priced homes
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- Hoyt Lakes, MN: less expensive homes
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- Jetersville, VA: less expensive homes
- Lake Hughes, CA: higher priced homes
- Liverpool, TX: less expensive homes
- Milford Center, OH: less expensive homes
- Rolling Hills, CA: higher priced homes
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