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Affordable
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These days, finding an affordable place to live in the Cedar Grove area can be challenging. Home prices in Cedar Grove are now at a median cost of $286,445, lower than the North Carolina average of $323,314.
The average cost of rent is $948/mo in Cedar Grove, primarily driven by the current value of real estate in the Cedar Grove area. In Cedar Grove, 13.03% of households rent, and 42.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cedar Grove is $6,453 per month. Households that rent pay about 14.69% of their income on rent here. Cedar Grove’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- McDade, NC: less expensive homes
- Gordonton, NC: less expensive homes
- Carr, NC: less expensive homes
- Efland, NC: equally priced homes
- Hurdle Mills, NC: equally priced homes
- Prospect Hill, NC: less expensive homes
- Corbett, NC: less expensive homes
- Schley, NC: higher priced homes
- Hillsborough, NC: higher priced homes
- Mebane, NC: higher priced homes
Cities with Similar Populations
- Walstonburg, NC: less expensive homes
- Stonewood, WV: less expensive homes
- Gore, OK: less expensive homes
- Starbuck, MN: less expensive homes
- Garretson, SD: equally priced homes
- Todd, NC: equally priced homes
- Farley, IA: equally priced homes
- Fairlea, WV: less expensive homes
- Elmwood Place, OH: less expensive homes
- East New Market, MD: less expensive homes
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