Similar to its nearby areas, it is substantially less expensive compared to the entire country. Compared to the city of Asheville, it is a lot less expensive.
Home prices
Welcome's median home price is $96,000. In comparison to the surrounding areas this is roughly $3,440 (3%) lower.It is approximately $121,500 (55%) lower compared to the nation as a whole, and is roughly $174,400 (64%) lower in comparison to the city of Asheville.
Rents
The median rent in Welcome is $783 per month. This is roughly $28 (3%) lower in comparison to the surrounding areas.It is approximately $279 (26%) lower compared to the entire country, and in comparison to the city of Asheville it is about $260 (24%) lower.
Nearby places
Dunean
Dunean is Welcome's neighbor to the east. Real estate prices there are similar. Dunean's median home value is $92,600, which is $3,400 (3%) lower than Welcome. Its rents are similar. Dunean's median monthly rent is $817, which comes out to $34 (4%) higher than Welcome.
Judson
Judson is Welcome's neighbor to the northeast. Housing prices there are significantly less expensive. The median home in Judson costs $56,200, which comes out to $39,800 (70%) lower than Welcome. Its rents are similar. Judson's median monthly rent is $802, which is $19 (2%) higher than Welcome.
Parker
Parker is Welcome's neighbor to the north. The housing prices there are somewhat less expensive. The value of the median home in Parker is $81,400, which works out to $14,600 (17%) lower than Welcome. Rents there are fairly similar. The median rent in Parker is $780 a month, which is very similar to Welcome.
Powdersville
Powdersville is Welcome's neighbor to the southwest. Housing prices there are significantly more expensive. The price of the median home in Powdersville is $188,300, which works out to $92,300 (49%) higher than Welcome. Its rents are fairly similar. The median rent in Powdersville is $816 per month, which is $33 (4%) higher than Welcome.
City View
City View is about 3 miles northeast of Welcome. The real estate prices there are a little less expensive. The price of the median home in City View is $78,700, which works out to $17,300 (21%) lower than Welcome. Rent there is a little more expensive. In City View the median monthly rent is $839, which works out to $56 (6%) higher than Welcome.