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These days, finding an affordable place to live in the Granbury area can be challenging. Home prices in Granbury are now at a median cost of $325,913, higher than the Texas average of $322,096.
The average cost of rent is $1,620/mo in Granbury, primarily driven by the current value of real estate in the Granbury area. In Granbury, 21.30% of households rent, and 42.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Granbury is $7,105 per month. Households that rent pay about 22.80% of their income on rent here. Granbury’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Brazos Bend, TX: higher priced homes
- DeCordova, TX: equally priced homes
- Thorp Spring, TX: less expensive homes
- Mambrino, TX: less expensive homes
- Pecan Plantation, TX: higher priced homes
- Tolar, TX: less expensive homes
- Cresson, TX: higher priced homes
- Lipan, TX: less expensive homes
- Paluxy, TX: equally priced homes
- Godley, TX: higher priced homes
Cities with Similar Populations
- West Seneca, NY: less expensive homes
- Opelika, AL: less expensive homes
- Painesville, OH: less expensive homes
- Palm Springs, CA: higher priced homes
- Pickerington, OH: equally priced homes
- Pittsfield, MA: less expensive homes
- Marlton, NJ: higher priced homes
- Gadsden, AL: less expensive homes
- Freeport, NY: higher priced homes
- Englishtown, NJ: higher priced homes
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