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These days, finding an affordable place to live in the Shafer area can be challenging. Home prices in Shafer are now at a median cost of $173,803, lower than the West Virginia average of $177,366.
The average cost of rent is $693/mo in Shafer, primarily driven by the current value of real estate in the Shafer area. In Shafer, 22.99% of households rent, and 56.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shafer is $5,594 per month. Households that rent pay about 12.38% of their income on rent here. Shafer’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Silver Lake, WV: equally priced homes
- Pierce, WV: less expensive homes
- Lead Mine, WV: equally priced homes
- Eglon, WV: equally priced homes
- William, WV: equally priced homes
- Thomas, WV: less expensive homes
- Aurora, WV: less expensive homes
- Hannahsville, WV: equally priced homes
- Douglas, WV: equally priced homes
- Macomber, WV: less expensive homes
Cities with Similar Populations
- Dover Afb, DE: higher priced homes
- Wagstaff, KS: higher priced homes
- Wade, MS: equally priced homes
- Wacker, IL: equally priced homes
- Wabash, OH: higher priced homes
- Voth, TX: higher priced homes
- Vistula, TX: equally priced homes
- Vineyard, TX: higher priced homes
- Verdi, KS: higher priced homes
- Waldenburg, AR: less expensive homes
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