Home prices
The value of the median home in Alderson is $85,500. Compared to its surrounding areas it is roughly $30,640 (26%) lower.Compared to the rest of the country it is approximately $132,000 (60%) lower, and it is about $49,600 (36%) lower in comparison to the city of Roanoke.
Rents
Alderson's median rent is $631 a month. In comparison to other places in this area it is roughly $53 (9%) higher.It is approximately $431 (40%) lower compared to the United States as a whole, and it is about $183 (22%) lower in comparison to the city of Roanoke.
Nearby places
Ronceverte
Ronceverte is approximately 8 miles east from Alderson. Housing prices there are somewhat more expensive. The median home in Ronceverte is valued at $97,600, which works out to $12,100 (12%) higher than Alderson. Rents there are somewhat more expensive. In Ronceverte the median rent is $672 a month, which is $41 (6%) higher than Alderson.
Union
Union is about 10 miles southeast of Alderson. The housing prices there are somewhat more expensive. The median home cost in Union is $105,500, which works out to $20,000 (18%) higher than Alderson. Rent there is significantly less expensive. Union's median monthly rent is $360, which comes out to $271 (75%) lower than Alderson.
Lewisburg
Lewisburg is approximately 11 miles northeast of Alderson. Real estate prices there are significantly more expensive. The median home in Lewisburg is valued at $228,900, which comes out to $143,400 (62%) higher than Alderson. Its rents are a little less expensive. The median monthly rent in Lewisburg is $565, which comes out to $66 (11%) lower than Alderson.
Hinton
Hinton is about 12 miles west of Alderson. Real estate prices there are somewhat less expensive. The cost of the median home in Hinton is $80,600, which is $4,900 (6%) lower than Alderson. Rent there is a bit more expensive. The median rent in Hinton is $713 a month, which is $82 (11%) higher than Alderson.
Meadow Bridge
Meadow Bridge is roughly 13 miles northwest from Alderson. Real estate prices there are a bit less expensive. The cost of the median home in Meadow Bridge is $68,100, which is $17,400 (25%) lower than Alderson. Its rents are a little less expensive. Meadow Bridge's median rent is $581 a month, which comes out to $50 (8%) lower than Alderson.
