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Affordable
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These days, finding an affordable place to live in the Granite Shoals area can be challenging. Home prices in Granite Shoals are now at a median cost of $262,825, lower than the Texas average of $322,096.
The average cost of rent is $1,286/mo in Granite Shoals, primarily driven by the current value of real estate in the Granite Shoals area. In Granite Shoals, 22.25% of households rent, and 49.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Granite Shoals is $6,664 per month. Households that rent pay about 19.29% of their income on rent here. Granite Shoals’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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- Marble Falls, TX: higher priced homes
- Kingsland, TX: equally priced homes
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Cities with Similar Populations
- Mira Monte, CA: higher priced homes
- Montrose, MN: higher priced homes
- Montrose-Ghent, OH: higher priced homes
- Monticello, IA: less expensive homes
- Montgomery, MN: equally priced homes
- Montezuma, GA: less expensive homes
- Montebello, PR: less expensive homes
- Montebello, NY: higher priced homes
- Monroeville, NJ: higher priced homes
- Mondovi, WI: less expensive homes
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