The Most Affordable Neighborhoods in Trace, WV by Home Value

 

Trace, WV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Trace area can be challenging. Home prices in Trace are now at a median cost of $79,922, lower than the West Virginia average of $177,366.

The average cost of rent is $543/mo in Trace, primarily driven by the current value of real estate in the Trace area. In Trace, 29.18% of households rent, and 76.15% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Trace is $3,311 per month. Households that rent pay about 16.40% of their income on rent here. Trace’s most expensive areas are in the central regions, while the cheapest areas are in the central 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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