Home Price Key
Affordable
Average
Expensive
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 $83,721, lower than the West Virginia average of $138,399.
The average cost of rent is $664/mo in Trace, primarily driven by the current value of real estate in the Trace area. While nearly 92.19% of residents own their homes outright in Trace, 25.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Trace is $3,172 per month. Households that rent pay about 20.93% 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.
Nearby Cities
- Breeden, WV: equally priced homes
- Dingess, WV: equally priced homes
- Kirk, WV: less expensive homes
- Lowney, WV: less expensive homes
- Lenore, WV: higher priced homes
- Shively, WV: higher priced homes
- Blocton, WV: less expensive homes
- Selwyn, WV: higher priced homes
- Troy Town, WV: higher priced homes
- Wilsondale, WV: higher priced homes
Cities with Similar Populations
- Caddo, KY: higher priced homes
- Widowville, OH: higher priced homes
- Wheelwright, MA: higher priced homes
- Weston, CO: higher priced homes
- Charlesville, PA: higher priced homes
- Charleston, UT: higher priced homes
- Cedarcreek, TN: higher priced homes
- Cannel City, KY: less expensive homes
- Cane Creek, NC: higher priced homes
- Cana, NC: higher priced homes
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