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These days, finding an affordable place to live in the Shockoe area can be challenging. Home prices in Shockoe are now at a median cost of $149,910, lower than the Virginia average of $443,089.
The average cost of rent is $821/mo in Shockoe, primarily driven by the current value of real estate in the Shockoe area. In Shockoe, 9.55% of households rent, and 66.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shockoe is $4,575 per month. Households that rent pay about 17.94% of their income on rent here. Shockoe’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pickaway, VA: equally priced homes
- Keeling, VA: less expensive homes
- Java, VA: equally priced homes
- Spring Garden, VA: higher priced homes
- Riceville, VA: equally priced homes
- Blairs, VA: equally priced homes
- Chatham, VA: higher priced homes
- Whittle, VA: higher priced homes
- Mount Airy, VA: equally priced homes
- Vernon Hill, VA: equally priced homes
Cities with Similar Populations
- Weil, LA: higher priced homes
- Caylor, VA: less expensive homes
- Cayuga, MS: less expensive homes
- Cecil, AR: higher priced homes
- Cedar Mills, OH: higher priced homes
- Warnerton, LA: higher priced homes
- Waterford, KY: higher priced homes
- Watt Heights, TN: higher priced homes
- Webb, WV: less expensive homes
- Webster, PA: higher priced homes
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