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Expensive
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These days, finding an affordable place to live in the Graceham area can be challenging. Home prices in Graceham are now at a median cost of $367,041, lower than the Maryland average of $450,578.
The average cost of rent is $1,291/mo in Graceham, primarily driven by the current value of real estate in the Graceham area. In Graceham, 17.62% of households rent, and 34.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Graceham is $7,143 per month. Households that rent pay about 18.08% of their income on rent here. Graceham’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
- Middleburg, MD: equally priced homes
- Thurmont, MD: equally priced homes
- Rocky Ridge, MD: higher priced homes
- Motters, MD: higher priced homes
- Utica, MD: higher priced homes
- Emmitsburg, MD: equally priced homes
- Sabillasville, MD: equally priced homes
- Keymar, MD: higher priced homes
- Woodsboro, MD: higher priced homes
- Pleasant Valley, MD: equally priced homes
Cities with Similar Populations
- Eagle Bay, NY: less expensive homes
- Fishhook, IL: less expensive homes
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- Mill Iron, MT: less expensive homes
- Farmers Fork, VA: less expensive homes
- Fame, OK: less expensive homes
- Fallon, MT: less expensive homes
- Elk Falls, KS: less expensive homes
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