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Affordable
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These days, finding an affordable place to live in the Shumansville area can be challenging. Home prices in Shumansville are now at a median cost of $305,083, lower than the Virginia average of $443,089.
The average cost of rent is $1,208/mo in Shumansville, primarily driven by the current value of real estate in the Shumansville area. In Shumansville, 13.10% of households rent, and 22.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shumansville is $8,049 per month. Households that rent pay about 15.01% of their income on rent here. Shumansville’s most expensive areas are in the southern 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
- DeJarnett, VA: equally priced homes
- Penola, VA: equally priced homes
- Duane, VA: higher priced homes
- Lorne, VA: less expensive homes
- Gether, VA: less expensive homes
- Milford, VA: equally priced homes
- Sparta, VA: equally priced homes
- Beulahville, VA: higher priced homes
- Keith, VA: higher priced homes
- Bowling Green, VA: equally priced homes
Cities with Similar Populations
- Buckner, TN: equally priced homes
- West Penobscot, ME: equally priced homes
- West Newton, MN: less expensive homes
- West Middleburgh, NY: less expensive homes
- West Lowville, NY: less expensive homes
- West Galax, VA: less expensive homes
- West Berlin, MA: higher priced homes
- West Bangor, NY: less expensive homes
- Waukenabo, MN: less expensive homes
- Cades, TN: less expensive homes
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