Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Grady area can be challenging. Home prices in Grady are now at a median cost of $156,430, lower than the New Mexico average of $199,923.
The average cost of rent is $678/mo in Grady, primarily driven by the current value of real estate in the Grady area. While nearly 53.92% of residents own their homes outright in Grady, 35.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grady is $4,456 per month. Households that rent pay about 15.22% of their income on rent here. Grady's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Broadview, NM: higher priced homes
- Bellview, NM: higher priced homes
- McAlister, NM: less expensive homes
- Rhea, TX: higher priced homes
- Quay, NM: less expensive homes
- Westway, TX: less expensive homes
- Summerfield, TX: less expensive homes
- Hereford, TX: less expensive homes
- Cuervo, NM: less expensive homes
- Dawn, TX: less expensive homes
Cities with Similar Populations
- Cuchillo, NM: equally priced homes
- Cornstalk, WV: less expensive homes
- Cotton Grove, NC: equally priced homes
- Crains Mills, NY: less expensive homes
- Cranberry Lake, NY: less expensive homes
- Cranberry, NC: less expensive homes
- Crandon, VA: less expensive homes
- Cranes Nest, VA: less expensive homes
- Cravens, AR: less expensive homes
- Craycraft, KY: less expensive homes
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