Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shady Valley area can be challenging. Home prices in Shady Valley are now at a median cost of $116,490, lower than the Tennessee average of $218,916.
The average cost of rent is $618/mo in Shady Valley, primarily driven by the current value of real estate in the Shady Valley area. While nearly 62.20% of residents own their homes outright in Shady Valley, 8.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shady Valley is $3,174 per month. Households that rent pay about 19.46% of their income on rent here. Shady Valley's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Harmon, TN: higher priced homes
- Mountain City, TN: higher priced homes
- Laurel Bloomery, TN: higher priced homes
- Damascus, VA: higher priced homes
- Silver Lake, TN: higher priced homes
- Delmar, VA: higher priced homes
- Buladeen, TN: less expensive homes
- Scott Addition, VA: higher priced homes
- Holston Valley, TN: higher priced homes
- Taylors Valley, VA: equally priced homes
Cities with Similar Populations
- Wayne Lakes, OH: equally priced homes
- Bridgewater, SD: less expensive homes
- Brownsville, OH: higher priced homes
- Butte Falls, OR: higher priced homes
- Buxton, ND: higher priced homes
- Camp Creek, TN: higher priced homes
- Castleton, VA: higher priced homes
- Catawba, WI: higher priced homes
- Chapman, NE: higher priced homes
- Chester, MI: higher priced homes
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