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These days, finding an affordable place to live in the Valewood area can be challenging. Home prices in Valewood are now at a median cost of $110,800, lower than the Mississippi average of $183,008.
The average cost of rent is $339/mo in Valewood, primarily driven by the current value of real estate in the Valewood area. In Valewood, 25.60% of households rent, and 72.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Valewood is $3,608 per month. Households that rent pay about 9.40% of their income on rent here. Valewood’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.
Nearby Cities
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- Grace, MS: equally priced homes
- Readland, AR: less expensive homes
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Cities with Similar Populations
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- Opal, SD: higher priced homes
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- Orland, OH: higher priced homes
- Orr, ND: higher priced homes
- Ortiz, KY: higher priced homes
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