
Home Price Key
These days, finding an affordable place to live in the Spout Spring area can be challenging. Home prices in Spout Spring are now at a median cost of $173,726, lower than the Virginia average of $323,261.
The average cost of rent is $868/mo in Spout Spring, primarily driven by the current value of real estate in the Spout Spring area. While nearly 37.06% of residents own their homes outright in Spout Spring, 16.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spout Spring is $7,081 per month. Households that rent pay about 12.26% of their income on rent here. Spout Spring's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Appomattox, VA: less expensive homes
- Concord, VA: equally priced homes
- Stonewall, VA: equally priced homes
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- Spring Mills, VA: less expensive homes
- Oakville, VA: less expensive homes
- Galts Mill, VA: less expensive homes
- Joshua Falls, VA: less expensive homes
- Stapleton, VA: equally priced homes
- Vera, VA: less expensive homes
Cities with Similar Populations
- Albany, MO: less expensive homes
- Audubon, PA: higher priced homes
- Baltic, SD: higher priced homes
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- Cashion, OK: higher priced homes
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- Oglala, SD: less expensive homes
- Porter Springs, GA: higher priced homes
- Pearson, TX: less expensive homes
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