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These days, finding an affordable place to live in the Gospel Grove area can be challenging. Home prices in Gospel Grove are now at a median cost of $170,608, lower than the Indiana average of $232,932.
The average cost of rent is $1,066/mo in Gospel Grove, primarily driven by the current value of real estate in the Gospel Grove area. In Gospel Grove, 32.84% of households rent, and 26.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gospel Grove is $4,984 per month. Households that rent pay about 21.39% of their income on rent here. Gospel Grove’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Seelyville, IN: equally priced homes
- Staunton, IN: less expensive homes
- Cloverland, IN: equally priced homes
- Riley, IN: higher priced homes
- Art, IN: less expensive homes
- Terre Haute, IN: equally priced homes
- Cory, IN: less expensive homes
- Keller, IN: higher priced homes
- Hoosierville, IN: higher priced homes
- Bee Ridge, IN: equally priced homes
Cities with Similar Populations
- Mosby, MT: higher priced homes
- Salmon Creek, CA: higher priced homes
- Sage, WY: less expensive homes
- Sabot, VA: higher priced homes
- Rustic, CO: higher priced homes
- Russellville, PA: higher priced homes
- Russell, IL: higher priced homes
- Rulison, CO: higher priced homes
- Ruedi, CO: higher priced homes
- Roy, SD: less expensive homes
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