Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gravette area can be challenging. Home prices in Gravette are now at a median cost of $185,261, higher than the Arkansas average of $160,541.
The average cost of rent is $878/mo in Gravette, primarily driven by the current value of real estate in the Gravette area. While nearly 40.61% of residents own their homes outright in Gravette, 24.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gravette is $5,445 per month. Households that rent pay about 16.12% of their income on rent here. Gravette's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Decatur, AR: equally priced homes
- Hiwasse, AR: equally priced homes
- Sulphur Springs, AR: equally priced homes
- Maysville, AR: higher priced homes
- Mason Valley, AR: equally priced homes
- Centerton, AR: higher priced homes
- Noel, MO: less expensive homes
- Spring Valley, MO: less expensive homes
- Bella Vista, AR: higher priced homes
- Southwest City, MO: less expensive homes
Cities with Similar Populations
- Berkley, MA: higher priced homes
- Carrizo Springs, TX: less expensive homes
- Swansboro, NC: higher priced homes
- Swansea, SC: less expensive homes
- Tallulah, LA: less expensive homes
- Homestead Meadows South, TX: less expensive homes
- Bridge City, LA: less expensive homes
- Breckenridge, TX: less expensive homes
- Hull, GA: less expensive homes
- Black Jack, MO: less expensive homes
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