Much like other places in this area, it's a lot less expensive compared to the United States as a whole. It is substantially less expensive compared to the city of Winston-Salem.
Home prices
The cost of the median home in Narrows is $92,700. In comparison to its nearby areas this is about $1,080 (1%) lower.It is about $124,800 (57%) lower compared to the nation as a whole, and in comparison to the city of Winston-Salem is roughly $55,200 (37%) lower.
Rents
Narrows's median rent is $732 a month. This is about $50 (7%) higher compared to its surrounding areas.It is roughly $330 (31%) lower in comparison to the entire nation, and it is roughly $74 (9%) lower in comparison to the city of Winston-Salem.
Nearby places
Rich Creek
Rich Creek is approximately 3 miles north from Narrows. The real estate prices there are pretty similar. The median home in Rich Creek is valued at $94,700, which comes out to $2,000 (2%) higher than Narrows. Rents there are a lot less expensive. In Rich Creek the median monthly rent is $511, which is $221 (43%) lower than Narrows.
Pearisburg
Pearisburg is about 3 miles east from Narrows. Its real estate prices are somewhat more expensive. The price of the median home in Pearisburg is $119,700, which works out to $27,000 (22%) higher than Narrows. Rents there are fairly similar. Pearisburg's median monthly rent is $743, which comes out to $11 (1%) higher than Narrows.
Peterstown
Peterstown is about 4 miles north from Narrows. Housing prices there are somewhat more expensive. The value of the median home in Peterstown is $116,800, which comes out to $24,100 (20%) higher than Narrows. The rent there is similar. Peterstown's median monthly rent is $760, which comes out to $28 (3%) higher than Narrows.
Oakvale
Oakvale is roughly 7 miles west from Narrows. The housing prices there are significantly less expensive. The price of the median home in Oakvale is $42,500, which comes out to $50,200 (118%) lower than Narrows. Its rents are somewhat less expensive. Oakvale's median rent is $675 per month, which comes out to $57 (8%) lower than Narrows.
Pembroke
Pembroke is approximately 8 miles east from Narrows. Its real estate prices are fairly similar. Pembroke's median home price is $95,200, which is $2,500 (2%) higher than Narrows. Its rents are fairly similar. The median rent in Pembroke is $720 a month, which works out to $12 (1%) lower than Narrows.
