Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Welchs area can be challenging. Home prices in Welchs are now at a median cost of $176,600, lower than the Virginia average of $323,261.
The average cost of rent is $1,188/mo in Welchs, primarily driven by the current value of real estate in the Welchs area. While nearly 49.00% of residents own their homes outright in Welchs, 10.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in Welchs is $5,656 per month. Households that rent pay about 21.00% of their income on rent here. Welchs's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Woodford, VA: higher priced homes
- Guinea, VA: higher priced homes
- Washington Corner, VA: higher priced homes
- Paige, VA: higher priced homes
- Thornburg, VA: higher priced homes
- Nancy Wrights Corner, VA: higher priced homes
- Ladysmith, VA: higher priced homes
- Corbin, VA: higher priced homes
- Ruther Glen, VA: higher priced homes
- Bowling Green, VA: higher priced homes
Cities with Similar Populations
- Roseland, MO: less expensive homes
- La Due, MO: less expensive homes
- Lacey, AR: less expensive homes
- Lake Bluff, NY: equally priced homes
- Lake City, IL: less expensive homes
- Langsdale, MS: less expensive homes
- Lasca, AL: less expensive homes
- Laurier, WA: equally priced homes
- Lavelle, PA: less expensive homes
- Lavinia, MN: less expensive homes
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