
Affordable
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These days, finding an affordable place to live in the Wood area can be challenging. Home prices in Wood are now at a median cost of $126,285, lower than the North Carolina average of $323,314.
The average cost of rent is $830/mo in Wood, primarily driven by the current value of real estate in the Wood area. In Wood, 23.34% of households rent, and 61.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wood is $3,783 per month. Households that rent pay about 21.94% of their income on rent here. Wood’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Centerville, NC: higher priced homes
- Gupton, NC: higher priced homes
- Castalia, NC: higher priced homes
- Ita, NC: less expensive homes
- Hollister, NC: less expensive homes
- Lancaster Crossroads, NC: higher priced homes
- Hickory Rock, NC: higher priced homes
- Taylors Store, NC: equally priced homes
- Matthews Crossroads, NC: higher priced homes
- Alert, NC: higher priced homes
Cities with Similar Populations
- Bradleyville, MO: higher priced homes
- Wade Mills, NC: less expensive homes
- Waino, WI: higher priced homes
- Wakenva, VA: less expensive homes
- Bunker Hill, TN: higher priced homes
- Bullhead, SD: less expensive homes
- Buffalo Springs, PA: higher priced homes
- Buffalo, ND: higher priced homes
- Buckland, MA: higher priced homes
- Bristow, IA: less expensive homes
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