
Affordable
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These days, finding an affordable place to live in the Grandfather area can be challenging. Home prices in Grandfather are now at a median cost of $318,600, lower than the North Carolina average of $323,314.
The average cost of rent is $1,158/mo in Grandfather, primarily driven by the current value of real estate in the Grandfather area. In Grandfather, 12.92% of households rent, and 40.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grandfather is $7,423 per month. Households that rent pay about 15.60% of their income on rent here. Grandfather’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
- Linville, NC: equally priced homes
- Sugar Mountain, NC: equally priced homes
- Norwood Hollow, NC: higher priced homes
- Seven Devils, NC: higher priced homes
- Banner Elk, NC: higher priced homes
- Grassy Creek, NC: less expensive homes
- Pineola, NC: equally priced homes
- Crossnore, NC: less expensive homes
- Newland, NC: less expensive homes
- Cranberry, NC: less expensive homes
Cities with Similar Populations
- Shadeland, PA: less expensive homes
- Scott Bar, CA: equally priced homes
- Scottland, IL: less expensive homes
- Scroggsfield, OH: less expensive homes
- Scrub Ridge, OH: less expensive homes
- Sealy Springs, AL: less expensive homes
- Searose Beach, OR: higher priced homes
- Separ, NM: less expensive homes
- Seville, IL: less expensive homes
- Scotland Beach, MD: higher priced homes
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