Home prices
The median home in Appalachia costs $58,700. It is about $34,080 (36%) lower compared to nearby areas.In comparison to the entire country it is about $158,800 (73%) lower, and is roughly $108,800 (64%) lower compared to the city of Johnson City.
Rents
In Appalachia the median rent is $370 a month. In comparison to nearby areas this is approximately $278 (42%) lower.It is about $692 (65%) lower in comparison to the rest of the nation, and is approximately $385 (50%) lower in comparison to the city of Johnson City.
Nearby places
Big Stone Gap
Big Stone Gap is roughly 3 miles south of Appalachia. Its real estate prices are substantially more expensive. Big Stone Gap's median home value is $126,100, which is $67,400 (53%) higher than Appalachia. Rent there is a lot more expensive. Big Stone Gap's median rent is $690 per month, which works out to $320 (46%) higher than Appalachia.
Lynch
Lynch is roughly 7 miles northwest of Appalachia. The real estate prices there are a bit less expensive. The median home in Lynch is valued at $53,000, which works out to $5,700 (10%) lower than Appalachia. Rent there is a lot more expensive. In Lynch the median monthly rent is $708, which works out to $338 (47%) higher than Appalachia.
Norton
Norton is approximately 7 miles east from Appalachia. Real estate prices there are significantly more expensive. The value of the median home in Norton is $93,800, which works out to $35,100 (37%) higher than Appalachia. Its rents are a lot more expensive. The median rent in Norton is $618 per month, which is $248 (40%) higher than Appalachia.
Benham
Benham is approximately 8 miles northwest of Appalachia. Real estate prices there are somewhat less expensive. The median home value in Benham is $55,000, which is $3,700 (6%) lower than Appalachia. Rents there are significantly more expensive. The median monthly rent in Benham is $579, which is $209 (36%) higher than Appalachia.
Wise
Wise is roughly 11 miles northeast from Appalachia. The housing prices there are significantly more expensive. The median home value in Wise is $136,000, which works out to $77,300 (56%) higher than Appalachia. Rent there is a lot more expensive. Wise's median monthly rent is $646, which comes out to $276 (42%) higher than Appalachia.
