Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Welcome area can be challenging. Home prices in Welcome are now at a median cost of $335,700, higher than the Virginia average of $323,261.
The average cost of rent is $967/mo in Welcome, primarily driven by the current value of real estate in the Welcome area. While nearly 34.99% of residents own their homes outright in Welcome, 5.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Welcome is $7,488 per month. Households that rent pay about 12.91% of their income on rent here. Welcome's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Shiloh, VA: equally priced homes
- Port Royal, VA: less expensive homes
- Office Hall, VA: equally priced homes
- Leedstown, VA: less expensive homes
- Maple Grove, VA: less expensive homes
- Loretto, VA: less expensive homes
- Oak Grove, VA: less expensive homes
- Monroe Hall, VA: less expensive homes
- King George, VA: equally priced homes
- Colonial Beach, VA: less expensive homes
Cities with Similar Populations
- Klau, CA: higher priced homes
- Jackson, ME: less expensive homes
- Jamesville, VA: higher priced homes
- Java, SD: less expensive homes
- Jennys, SC: less expensive homes
- Joplin, MT: less expensive homes
- Kelloggsville, NY: less expensive homes
- Kellytown, PA: less expensive homes
- Kelton, SC: less expensive homes
- Kensal, ND: less expensive homes
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