Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Valdese area can be challenging. Home prices in Valdese are now at a median cost of $126,469, lower than the North Carolina average of $226,477.
The average cost of rent is $757/mo in Valdese, primarily driven by the current value of real estate in the Valdese area. While nearly 53.64% of residents own their homes outright in Valdese, 23.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Valdese is $4,838 per month. Households that rent pay about 15.65% of their income on rent here. Valdese's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Drexel, NC: equally priced homes
- Connelly Springs, NC: less expensive homes
- Connellys Springs, NC: equally priced homes
- Morganton, NC: higher priced homes
- Sawmills, NC: higher priced homes
- Rutherford College, NC: higher priced homes
- Cajahs Mountain, NC: equally priced homes
- Gamewell, NC: less expensive homes
- Rhodhiss, NC: equally priced homes
- Enola, NC: less expensive homes
Cities with Similar Populations
- Good Hope, CA: higher priced homes
- Spencer, IN: equally priced homes
- Sparta, NJ: higher priced homes
- Southwick, MA: higher priced homes
- Southside, AL: higher priced homes
- Southport, NC: higher priced homes
- Southborough, MA: higher priced homes
- Southampton, NY: higher priced homes
- South Yarmouth, MA: higher priced homes
- South Huntington, NY: higher priced homes
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