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 $97,569, lower than the Mississippi average of $145,564.
The average cost of rent is $720/mo in Water Valley, primarily driven by the current value of real estate in the Water Valley area. While nearly 49.40% of residents own their homes outright in Water Valley, 32.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Water Valley is $4,120 per month. Households that rent pay about 17.47% of their income on rent here. Water Valley's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Velma, MS: less expensive homes
- Springdale, MS: higher priced homes
- Paris, MS: higher priced homes
- Shuford, MS: less expensive homes
- Taylor, MS: higher priced homes
- Gatewood, MS: higher priced homes
- Banner, MS: equally priced homes
- DeLay, MS: higher priced homes
- Ellard, MS: equally priced homes
- Eureka Springs, MS: less expensive homes
Cities with Similar Populations
- Driftwood, TX: higher priced homes
- Stewartsville, NJ: higher priced homes
- Stevens, PA: higher priced homes
- Steelton, PA: equally priced homes
- Steele Creek, AK: higher priced homes
- Stedman, NC: higher priced homes
- Standish, ME: higher priced homes
- St. Stephen, SC: equally priced homes
- St. Matthews, SC: higher priced homes
- St. Johnsbury, VT: higher priced homes
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