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 $224,023, lower than the Texas average of $235,268.
The average cost of rent is $896/mo in Water Valley, primarily driven by the current value of real estate in the Water Valley area. While nearly 59.78% of residents own their homes outright in Water Valley, 10.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Water Valley is $5,971 per month. Households that rent pay about 15.00% of their income on rent here. Water Valley's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Carlsbad, TX: equally priced homes
- Orient, TX: less expensive homes
- Harriet, TX: less expensive homes
- Grape Creek, TX: less expensive homes
- Tennyson, TX: less expensive homes
- Miles, TX: less expensive homes
- Mereta, TX: less expensive homes
- Rowena, TX: less expensive homes
- Ballinger, TX: less expensive homes
- Bethel, TX: less expensive homes
Cities with Similar Populations
- Little York, IN: less expensive homes
- Lawsville Center, PA: less expensive homes
- Leamington, UT: less expensive homes
- Ledyard, IA: less expensive homes
- Liberty, AZ: higher priced homes
- Lima, IL: less expensive homes
- Linden, MO: equally priced homes
- Lithium, MO: equally priced homes
- Little Marsh, PA: less expensive homes
- Little Needmore, KY: higher priced homes
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