Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shanks area can be challenging. Home prices in Shanks are now at a median cost of $147,122, higher than the West Virginia average of $138,399.
The average cost of rent is $662/mo in Shanks, primarily driven by the current value of real estate in the Shanks area. While nearly 55.36% of residents own their homes outright in Shanks, 15.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shanks is $3,792 per month. Households that rent pay about 17.45% of their income on rent here. Shanks's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Augusta, WV: equally priced homes
- Romney, WV: equally priced homes
- Pleasantdale, WV: higher priced homes
- Three Churches, WV: equally priced homes
- Wapocomo, WV: equally priced homes
- Delray, WV: equally priced homes
- Rio, WV: equally priced homes
- Millbrook, WV: higher priced homes
- Loom, WV: higher priced homes
- Kirby, WV: higher priced homes
Cities with Similar Populations
- Axson, GA: less expensive homes
- Woodsboro, TX: less expensive homes
- White Oak, NC: less expensive homes
- Wausaukee, WI: equally priced homes
- Three Lakes, WI: higher priced homes
- Thorndale, TX: equally priced homes
- The Plains, VA: higher priced homes
- Strum, WI: higher priced homes
- Fairfield, VA: higher priced homes
- Corydon, IA: less expensive homes
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