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These days, finding an affordable place to live in the Spring Mills area can be challenging. Home prices in Spring Mills are now at a median cost of $166,416, lower than the Virginia average of $443,089.
The average cost of rent is $743/mo in Spring Mills, primarily driven by the current value of real estate in the Spring Mills area. In Spring Mills, 15.50% of households rent, and 53.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spring Mills is $4,286 per month. Households that rent pay about 17.33% of their income on rent here. Spring Mills’s most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Spout Spring, VA: higher priced homes
- Red House, VA: higher priced homes
- Hat Creek, VA: less expensive homes
- Wren, VA: less expensive homes
- Appomattox, VA: higher priced homes
- Three Forks, VA: higher priced homes
- Pamplin City, VA: equally priced homes
- Concord, VA: higher priced homes
- Evergreen, VA: higher priced homes
- Rough Creek, VA: equally priced homes
Cities with Similar Populations
- Sherman, MS: higher priced homes
- Lake Winola, PA: higher priced homes
- Lakeside, AZ: higher priced homes
- Lakewood, WI: higher priced homes
- Lakota, ND: equally priced homes
- Land O' Lakes, WI: higher priced homes
- Marion Junction, AL: less expensive homes
- Mc Donough, NY: less expensive homes
- McAdenville, NC: higher priced homes
- Sharon Springs, KS: less expensive homes
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