Home prices
The price of the median home in Shady Spring is $171,100. In comparison to its surrounding areas it is roughly $71,440 (71%) higher.It is about $46,400 (21%) lower compared to the country as a whole, and it is about $36,000 (26%) higher in comparison to the city of Roanoke.
Rents
Shady Spring's median monthly rent is $749. This is approximately $65 (9%) higher compared to nearby areas.In comparison to the rest of the nation it is approximately $313 (29%) lower, and it is approximately $65 (7%) lower compared to the city of Roanoke.
Nearby places
Daniels
Daniels is Shady Spring's neighbor to the northwest. The housing prices there are substantially less expensive. The median home in Daniels costs $117,200, which works out to $53,900 (45%) lower than Shady Spring. Its rents are a little less expensive. In Daniels the median rent is $595 per month, which is $154 (25%) lower than Shady Spring.
Beaver
Beaver is approximately 3 miles northwest from Shady Spring. Its real estate prices are a lot less expensive. The median home value in Beaver is $74,900, which comes out to $96,200 (128%) lower than Shady Spring. Rents there are somewhat more expensive. In Beaver the median monthly rent is $905, which is $156 (17%) higher than Shady Spring.
Coal City
Coal City is about 6 miles west of Shady Spring. Its housing prices are significantly less expensive. The cost of the median home in Coal City is $78,400, which works out to $92,700 (118%) lower than Shady Spring. Rents there are a lot less expensive. Coal City's median rent is $383 a month, which works out to $366 (95%) lower than Shady Spring.
MacArthur
MacArthur is about 6 miles northwest from Shady Spring. Its housing prices are significantly less expensive. MacArthur's median home value is $117,800, which works out to $53,300 (45%) lower than Shady Spring. Its rents are somewhat more expensive. In MacArthur the median monthly rent is $851, which is $102 (11%) higher than Shady Spring.
Beckley
Beckley is approximately 7 miles northwest of Shady Spring. Its real estate prices are significantly less expensive. The median home in Beckley costs $110,000, which works out to $61,100 (55%) lower than Shady Spring. Its rents are a bit less expensive. Beckley's median monthly rent is $685, which comes out to $64 (9%) lower than Shady Spring.