Home prices
The median home in Buchanan is valued at $125,200. In comparison to its surrounding areas it is approximately $69,420 (35%) lower.It is approximately $92,300 (42%) lower compared to the entire nation, and is approximately $9,900 (7%) lower in comparison to the city of Roanoke.
Rents
Buchanan's median monthly rent is $784. This is approximately $113 (12%) lower compared to nearby areas.It is about $278 (26%) lower in comparison to the US as a whole, and compared to the city of Roanoke it is roughly $30 (3%) lower.
Nearby places
Fincastle
Fincastle is roughly 8 miles west of Buchanan. The real estate prices there are a lot more expensive. The value of the median home in Fincastle is $211,500, which works out to $86,300 (40%) higher than Buchanan. Rent there is somewhat more expensive. Fincastle's median rent is $1,000 per month, which works out to $216 (21%) higher than Buchanan.
Troutville
Troutville is about 11 miles southwest of Buchanan. The real estate prices there are a bit more expensive. The cost of the median home in Troutville is $170,500, which is $45,300 (26%) higher than Buchanan. Rents there are a little more expensive. In Troutville the median monthly rent is $859, which is $75 (8%) higher than Buchanan.
Blue Ridge
Blue Ridge is approximately 11 miles southwest from Buchanan. Its real estate prices are substantially more expensive. The median home in Blue Ridge is valued at $189,900, which is $64,700 (34%) higher than Buchanan. Its rents are a little less expensive. Blue Ridge's median monthly rent is $725, which works out to $59 (8%) lower than Buchanan.
Daleville
Daleville is roughly 13 miles southwest from Buchanan. The real estate prices there are substantially more expensive. The median home in Daleville costs $304,500, which is $179,300 (58%) higher than Buchanan. Its rents are somewhat more expensive. In Daleville the median rent is $1,087 a month, which is $303 (27%) higher than Buchanan.
Glasgow
Glasgow is about 13 miles northeast from Buchanan. Real estate prices there are a bit less expensive. Glasgow's median home value is $96,700, which comes out to $28,500 (29%) lower than Buchanan. The rent there is fairly similar. Glasgow's median rent is $813 a month, which comes out to $29 (3%) higher than Buchanan.
