Similar to the surrounding areas, it is somewhat less expensive compared to the rest of the country. However compared to the city of Washington, it's significantly less expensive.
Home prices
The median home in Blue Ridge Shores is valued at $196,200. This is is very similar compared to its nearby areas.It is about $21,300 (9%) lower compared to the entire country, and in comparison to the city of Washington it is roughly $405,300 (67%) lower.
Rents
In Blue Ridge Shores the median monthly rent is $1,197. In comparison to other places in this area it is roughly $232 (24%) higher.It is about $135 (12%) higher in comparison to the nation as a whole, and is roughly $344 (22%) lower in comparison to the city of Washington.
Nearby places
Louisa
Louisa is approximately 6 miles south from Blue Ridge Shores. Housing prices there are fairly similar. The median home in Louisa is valued at $201,800, which comes out to $5,600 (2%) higher than Blue Ridge Shores. Rents there are significantly less expensive. In Louisa the median rent is $875 a month, which works out to $322 (36%) lower than Blue Ridge Shores.
Gordonsville
Gordonsville is approximately 7 miles west of Blue Ridge Shores. Real estate prices there are pretty similar. The value of the median home in Gordonsville is $192,300, which works out to $3,900 (2%) lower than Blue Ridge Shores. Rents there are a little less expensive. In Gordonsville the median rent is $941 per month, which works out to $256 (27%) lower than Blue Ridge Shores.
Mineral
Mineral is roughly 9 miles southeast of Blue Ridge Shores. Real estate prices there are a little less expensive. The median home price in Mineral is $177,000, which works out to $19,200 (10%) lower than Blue Ridge Shores. Rents there are substantially less expensive. Mineral's median rent is $845 per month, which works out to $352 (41%) lower than Blue Ridge Shores.
Orange
Orange is roughly 10 miles northwest from Blue Ridge Shores. Its housing prices are somewhat more expensive. The median home in Orange costs $220,800, which works out to $24,600 (11%) higher than Blue Ridge Shores. Its rents are a little less expensive. Orange's median monthly rent is $946, which is $251 (26%) lower than Blue Ridge Shores.
Piney Mountain
Piney Mountain is about 18 miles west from Blue Ridge Shores. Its real estate prices are somewhat less expensive. The median home price in Piney Mountain is $184,900, which is $11,300 (6%) lower than Blue Ridge Shores. The rent there is similar. Piney Mountain's median monthly rent is $1,216, which comes out to $19 (1%) higher than Blue Ridge Shores.