Expensive
Affordable
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 $88,727, lower than the Virginia average of $443,089.
The average cost of rent is $759/mo in Wood, primarily driven by the current value of real estate in the Wood area. In Wood, 24.99% of households rent, and 68.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wood is $3,542 per month. Households that rent pay about 21.43% of their income on rent here. Wood’s most expensive areas are in the eastern 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
- Kerns, VA: higher priced homes
- Dungannon, VA: higher priced homes
- Fort Blackmore, VA: equally priced homes
- Snowflake, VA: higher priced homes
- Williams Mill, VA: higher priced homes
- Cracker Neck, VA: higher priced homes
- Stony, VA: higher priced homes
- Nickelsville, VA: higher priced homes
- Manville, VA: higher priced homes
- Rye Cove, VA: less expensive homes
Cities with Similar Populations
- White City, FL: higher priced homes
- Bazine, KS: higher priced homes
- Beallsville, PA: higher priced homes
- Beason, IL: higher priced homes
- Beatty, OR: higher priced homes
- Belair Cove, LA: higher priced homes
- Belle Valley, OH: higher priced homes
- Bigbee Valley, MS: higher priced homes
- Bladen, NE: higher priced homes
- Borderland, WV: less expensive homes
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