Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Springwood area can be challenging. Home prices in Springwood are now at a median cost of $176,758, lower than the Virginia average of $323,261.
The average cost of rent is $1,222/mo in Springwood, primarily driven by the current value of real estate in the Springwood area. While nearly 50.89% of residents own their homes outright in Springwood, 16.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Springwood is $4,874 per month. Households that rent pay about 25.07% of their income on rent here. Springwood's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Buchanan, VA: equally priced homes
- Lithia, VA: equally priced homes
- Pico, VA: equally priced homes
- Fincastle, VA: higher priced homes
- Nace, VA: higher priced homes
- Eagle Rock, VA: less expensive homes
- Flatwoods, VA: higher priced homes
- Gala, VA: less expensive homes
- Reba, VA: less expensive homes
- Troutville, VA: higher priced homes
Cities with Similar Populations
- Moyers, WV: equally priced homes
- Milldale, CT: higher priced homes
- Milledgeville, IN: higher priced homes
- Millertown, NY: equally priced homes
- Millville, WV: higher priced homes
- Milo Mills, NY: less expensive homes
- Minisink Hills, PA: higher priced homes
- Minnehaha Springs, WV: less expensive homes
- Monticello, AL: less expensive homes
- Morland, KS: less expensive homes
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