Home prices
The median home in South Boston is valued at $132,300. In comparison to its nearby areas this is about $20,260 (18%) higher.Compared to the country as a whole it is about $85,200 (39%) lower, and in comparison to the city of Raleigh is roughly $116,000 (46%) lower.
Rents
In South Boston the median rent is $671 a month. Compared to other places in this area this is about $37 (5%) lower.It is roughly $391 (36%) lower compared to the rest of the nation, and in comparison to the city of Raleigh is roughly $450 (40%) lower.
Nearby places
Halifax
Halifax is about 3 miles north of South Boston. Real estate prices there are a bit more expensive. Halifax's median home price is $157,600, which works out to $25,300 (16%) higher than South Boston. The rent there is pretty similar. Halifax's median monthly rent is $675, which is very similar to South Boston.
Mountain Road
Mountain Road is approximately 4 miles northwest from South Boston. Real estate prices there are significantly less expensive. The median home in Mountain Road costs $86,400, which is $45,900 (53%) lower than South Boston. Rents there are a bit less expensive. The median monthly rent in Mountain Road is $625, which is $46 (7%) lower than South Boston.
Scottsburg
Scottsburg is approximately 6 miles northeast of South Boston. Housing prices there are significantly less expensive. The median home in Scottsburg is valued at $75,800, which comes out to $56,500 (74%) lower than South Boston. Its rents are a little more expensive. Scottsburg's median monthly rent is $776, which comes out to $105 (13%) higher than South Boston.
Virgilina
Virgilina is approximately 13 miles southeast from South Boston. Its housing prices are significantly less expensive. The value of the median home in Virgilina is $89,300, which is $43,000 (48%) lower than South Boston. Rent there is a bit more expensive. Virgilina's median rent is $775 a month, which comes out to $104 (13%) higher than South Boston.
Clarksville
Clarksville is approximately 18 miles east from South Boston. The real estate prices there are a bit more expensive. The median home in Clarksville is valued at $151,100, which works out to $18,800 (12%) higher than South Boston. The rent there is pretty similar. Clarksville's median rent is $689 a month, which works out to $18 (2%) higher than South Boston.