Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Water Valley area can be challenging. Home prices in Water Valley are now at a median cost of $102,622, lower than the Illinois average of $242,002.
The average cost of rent is $726/mo in Water Valley, primarily driven by the current value of real estate in the Water Valley area. While nearly 64.64% of residents own their homes outright in Water Valley, 5.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Water Valley is $5,866 per month. Households that rent pay about 12.38% of their income on rent here. Water Valley's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Saratoga, IL: higher priced homes
- Cobden, IL: higher priced homes
- Makanda, IL: higher priced homes
- Lick Creek, IL: higher priced homes
- Mountain Glen, IL: higher priced homes
- Anna, IL: equally priced homes
- Elvira, IL: higher priced homes
- Alto Pass, IL: higher priced homes
- Mount Pleasant, IL: higher priced homes
- Jonesboro, IL: equally priced homes
Cities with Similar Populations
- Lookout, CA: higher priced homes
- Leda, VA: higher priced homes
- Lenorah, TX: higher priced homes
- Lewis, MO: higher priced homes
- Lewisburg, LA: higher priced homes
- Lick Creek, WV: higher priced homes
- Lippe, IN: higher priced homes
- Lisbon, LA: less expensive homes
- Lisco, NE: higher priced homes
- Lochiel, IN: higher priced homes
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