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Affordable
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These days, finding an affordable place to live in the Teter area can be challenging. Home prices in Teter are now at a median cost of $138,910, lower than the West Virginia average of $177,366.
The average cost of rent is $912/mo in Teter, primarily driven by the current value of real estate in the Teter area. In Teter, 16.21% of households rent, and 71.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Teter is $2,729 per month. Households that rent pay about 33.42% of their income on rent here. Teter’s most expensive areas are in the northeastern 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
- Longview, WV: equally priced homes
- Century, WV: equally priced homes
- Peeltree, WV: higher priced homes
- Wellington Heights, WV: equally priced homes
- Hodgesville, WV: equally priced homes
- Volga, WV: equally priced homes
- Overfield, WV: higher priced homes
- Murphy, WV: equally priced homes
- Pecks Run, WV: equally priced homes
- Pepper, WV: equally priced homes
Cities with Similar Populations
- Uinta National Forest, UT: higher priced homes
- Fort Elfsborg, NJ: higher priced homes
- Foster, MN: higher priced homes
- Foster, PA: higher priced homes
- Freetown, LA: equally priced homes
- Georgetown, WV: less expensive homes
- Troy, LA: higher priced homes
- Troy, OR: higher priced homes
- Truscott, TX: less expensive homes
- Tungsten, NV: higher priced homes
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