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These days, finding an affordable place to live in the Gravel Hill area can be challenging. Home prices in Gravel Hill are now at a median cost of $152,118, lower than the Mississippi average of $183,008.
The average cost of rent is $679/mo in Gravel Hill, primarily driven by the current value of real estate in the Gravel Hill area. In Gravel Hill, 44.91% of households rent, and 57.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gravel Hill is $3,788 per month. Households that rent pay about 17.93% of their income on rent here. Gravel Hill’s most expensive areas are in the western 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
- Greenwood, MS: less expensive homes
- Rising Sun, MS: less expensive homes
- Craigside, MS: less expensive homes
- Money, MS: less expensive homes
- Shellmound, MS: less expensive homes
- Sidon, MS: less expensive homes
- Avalon, MS: less expensive homes
- Valley Hill, MS: less expensive homes
- Itta Bena, MS: higher priced homes
- Carrollton, MS: less expensive homes
Cities with Similar Populations
- Alcove, NY: higher priced homes
- Allen, NE: equally priced homes
- Pickett, TX: higher priced homes
- Ramey, PA: less expensive homes
- Quiet Dell, WV: higher priced homes
- Quemado, NM: higher priced homes
- Purdy, OK: higher priced homes
- Pumpkin Center, FL: higher priced homes
- Pratum, OR: higher priced homes
- Powersite, MO: higher priced homes
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