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These days, finding an affordable place to live in the Watauga area can be challenging. Home prices in Watauga are now at a median cost of $179,996, lower than the Tennessee average of $315,131.
The average cost of rent is $771/mo in Watauga, primarily driven by the current value of real estate in the Watauga area. In Watauga, 11.29% of households rent, and 55.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Watauga is $5,228 per month. Households that rent pay about 14.75% of their income on rent here. Watauga’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elizabethton, TN: equally priced homes
- Keenburg, TN: less expensive homes
- Piney Flats, TN: higher priced homes
- Hunter, TN: equally priced homes
- Johnson City, TN: higher priced homes
- Bluff City, TN: higher priced homes
- Gap Creek, TN: less expensive homes
- Hampton, TN: less expensive homes
- Hickory Tree, TN: equally priced homes
- Carter, TN: less expensive homes
Cities with Similar Populations
- Montrose, IA: less expensive homes
- Rushsylvania, OH: equally priced homes
- Royalton, IL: less expensive homes
- Rome, OH: less expensive homes
- Ransom Canyon, TX: higher priced homes
- Port Washington, OH: less expensive homes
- Porcupine, SD: less expensive homes
- Point Reyes Station, CA: higher priced homes
- Plainview, NE: less expensive homes
- Oakdale, TN: less expensive homes
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