Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gravelridge area can be challenging. Home prices in Gravelridge are now at a median cost of $42,525, lower than the Arkansas average of $160,541.
The average cost of rent is $525/mo in Gravelridge, primarily driven by the current value of real estate in the Gravelridge area. While nearly 73.04% of residents own their homes outright in Gravelridge, 11.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gravelridge is $3,680 per month. Households that rent pay about 14.26% of their income on rent here. Gravelridge's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Banks, AR: equally priced homes
- Lanark, AR: less expensive homes
- Tinsman, AR: higher priced homes
- Farmville, AR: higher priced homes
- McKinney, AR: higher priced homes
- Harrell, AR: higher priced homes
- Warren, AR: higher priced homes
- Woodberry, AR: higher priced homes
- Hampton, AR: higher priced homes
- Hermitage, AR: higher priced homes
Cities with Similar Populations
- Satolah, GA: higher priced homes
- Mildred, MT: higher priced homes
- Millertown, OH: higher priced homes
- Millican, OR: higher priced homes
- Millingport, NC: higher priced homes
- Millstone, CT: higher priced homes
- New Cypress, KY: higher priced homes
- Saltwell, WV: higher priced homes
- Sanford, KS: higher priced homes
- Saranac, LA: higher priced homes
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