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These days, finding an affordable place to live in the Stonega area can be challenging. Home prices in Stonega are now at a median cost of $64,700, lower than the Virginia average of $443,089.
The average cost of rent is $761/mo in Stonega, primarily driven by the current value of real estate in the Stonega area. In Stonega, 21.87% of households rent, and 55.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stonega is $3,932 per month. Households that rent pay about 19.35% of their income on rent here. Stonega’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Appalachia, VA: less expensive homes
- Derby, VA: less expensive homes
- Big Stone Gap, VA: higher priced homes
- Lower Exeter, VA: less expensive homes
- Exeter, VA: less expensive homes
- Irondale, VA: higher priced homes
- Norton, VA: higher priced homes
- Oreton, VA: higher priced homes
- Lynch, KY: less expensive homes
- Lipps, VA: higher priced homes
Cities with Similar Populations
- Seneca, NM: higher priced homes
- Loretta, KS: higher priced homes
- Los Pachecos, NM: higher priced homes
- Louellen, KY: equally priced homes
- Ludlow, CA: higher priced homes
- Lutie, TX: higher priced homes
- Lynch, PA: higher priced homes
- Merrimac, IL: higher priced homes
- Scarsdale, LA: higher priced homes
- Scottown, KY: higher priced homes
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