Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elm Grove area can be challenging. Home prices in Elm Grove are now at a median cost of $110,085, lower than the North Carolina average of $226,477.
The average cost of rent is $668/mo in Elm Grove, primarily driven by the current value of real estate in the Elm Grove area. While nearly 58.93% of residents own their homes outright in Elm Grove, 22.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elm Grove is $3,864 per month. Households that rent pay about 17.29% of their income on rent here. Elm Grove's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Shady Grove, NC: less expensive homes
- Wise Forks, NC: equally priced homes
- Jonestown, NC: less expensive homes
- Georgetown, NC: equally priced homes
- Sassers Mill, NC: less expensive homes
- Deep Run, NC: less expensive homes
- Kinston, NC: less expensive homes
- Irvings Crossroads, NC: less expensive homes
- Dover, NC: less expensive homes
- Comfort, NC: less expensive homes
Cities with Similar Populations
- Olvey, AR: higher priced homes
- Quiet Dell, WV: higher priced homes
- Procious, WV: less expensive homes
- Powell, TX: equally priced homes
- Potsdam, OH: higher priced homes
- Pennhall, PA: higher priced homes
- Pelican Lake, WI: higher priced homes
- Peacham, VT: higher priced homes
- Passaic, MO: higher priced homes
- Parkway Village, KY: higher priced homes
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