Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cherry Grove area can be challenging. Home prices in Cherry Grove are now at a median cost of $109,433, lower than the North Carolina average of $226,477.
The average cost of rent is $702/mo in Cherry Grove, primarily driven by the current value of real estate in the Cherry Grove area. While nearly 61.03% of residents own their homes outright in Cherry Grove, 27.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cherry Grove is $5,026 per month. Households that rent pay about 13.96% of their income on rent here. Cherry Grove's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Cerro Gordo, NC: less expensive homes
- Hinson Crossroads, NC: less expensive homes
- Fair Bluff, NC: less expensive homes
- Grist, NC: less expensive homes
- Emerson, NC: equally priced homes
- Chadbourn, NC: less expensive homes
- Wards, NC: less expensive homes
- Williamson Crossroads, NC: equally priced homes
- Green Sea, SC: equally priced homes
- Nichols, SC: less expensive homes
Cities with Similar Populations
- Kampsville, IL: equally priced homes
- Cross Keys, PA: higher priced homes
- Totz, KY: less expensive homes
- Curriers, NY: higher priced homes
- Dale, NY: higher priced homes
- Dalies, NM: higher priced homes
- Laurel Mountain, PA: higher priced homes
- Laurel Lake, PA: higher priced homes
- Lake City, TX: equally priced homes
- Killawog, NY: less expensive homes
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