Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Welch area can be challenging. Home prices in Welch are now at a median cost of $54,761, lower than the West Virginia average of $138,399.
The average cost of rent is $699/mo in Welch, primarily driven by the current value of real estate in the Welch area. While nearly 83.62% of residents own their homes outright in Welch, 21.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Welch is $3,354 per month. Households that rent pay about 20.84% of their income on rent here. Welch's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Mohegan, WV: less expensive homes
- Kimball, WV: equally priced homes
- Vivian, WV: less expensive homes
- Davy, WV: less expensive homes
- Premier, WV: less expensive homes
- Caretta, WV: less expensive homes
- Thorpe, WV: less expensive homes
- Erin, WV: less expensive homes
- Gary, WV: less expensive homes
- Twin Branch, WV: less expensive homes
Cities with Similar Populations
- Tonasket, WA: higher priced homes
- Tobaccoville, NC: higher priced homes
- Jay, ME: higher priced homes
- Tohatchi, NM: less expensive homes
- Jamesville, NC: higher priced homes
- Jamestown, KY: higher priced homes
- Toledo, OR: higher priced homes
- Toledo, WA: higher priced homes
- Tolono, IL: higher priced homes
- Jacksons' Gap, AL: higher priced homes
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