The Most Affordable Neighborhoods in Valley Point, WV by Home Value

 

Valley Point, WV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Valley Point area can be challenging. Home prices in Valley Point are now at a median cost of $200,774, higher than the West Virginia average of $177,366.

The average cost of rent is $681/mo in Valley Point, primarily driven by the current value of real estate in the Valley Point area. In Valley Point, 20.08% of households rent, and 52.74% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Valley Point is $6,765 per month. Households that rent pay about 10.07% of their income on rent here. Valley Point’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern 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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