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Affordable
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These days, finding an affordable place to live in the Stephenson area can be challenging. Home prices in Stephenson are now at a median cost of $427,844, lower than the Virginia average of $443,089.
The average cost of rent is $2,396/mo in Stephenson, primarily driven by the current value of real estate in the Stephenson area. In Stephenson, 18.94% of households rent, and 30.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stephenson is $9,065 per month. Households that rent pay about 26.43% of their income on rent here. Stephenson’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Brucetown, VA: equally priced homes
- Wadesville, VA: higher priced homes
- Clear Brook, VA: equally priced homes
- Winchester, VA: less expensive homes
- Stringtown, VA: higher priced homes
- Kernstown, VA: equally priced homes
- Berryville, VA: higher priced homes
- Summit Point, WV: less expensive homes
- Bunker Hill, WV: less expensive homes
- Briggs, VA: higher priced homes
Cities with Similar Populations
- Baxter Springs, KS: less expensive homes
- Baldwin, MI: less expensive homes
- Balm, FL: equally priced homes
- Bamberg, SC: less expensive homes
- Bangor, MI: less expensive homes
- Barre, MA: equally priced homes
- Barron, WI: less expensive homes
- Barrow, AK: less expensive homes
- Batesburg, SC: less expensive homes
- Baldwin, GA: less expensive homes
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