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These days, finding an affordable place to live in the Thornhill area can be challenging. Home prices in Thornhill are now at a median cost of $415,669, lower than the Virginia average of $443,089.
The average cost of rent is $1,457/mo in Thornhill, primarily driven by the current value of real estate in the Thornhill area. In Thornhill, 9.37% of households rent, and 38.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Thornhill is $8,052 per month. Households that rent pay about 18.10% of their income on rent here. Thornhill’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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Cities with Similar Populations
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