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These days, finding an affordable place to live in the Great Valley area can be challenging. Home prices in Great Valley are now at a median cost of $114,016, lower than the New York average of $610,895.
The average cost of rent is $1,047/mo in Great Valley, primarily driven by the current value of real estate in the Great Valley area. In Great Valley, 6.11% of households rent, and 61.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Great Valley is $5,291 per month. Households that rent pay about 19.79% of their income on rent here. Great Valley’s most expensive areas are in the eastern 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
- Peth, NY: equally priced homes
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- Humphrey, NY: higher priced homes
- Ellicottville, NY: higher priced homes
- Salamanca, NY: less expensive homes
- Humphrey Center, NY: higher priced homes
- Devereaux, NY: higher priced homes
- Vandalia, NY: higher priced homes
- Allegany, NY: higher priced homes
Cities with Similar Populations
- Mountain View, WY: higher priced homes
- Slaughters, KY: higher priced homes
- Silex, MO: higher priced homes
- Rudolph, WI: higher priced homes
- Roachdale, IN: higher priced homes
- Risingsun, OH: higher priced homes
- Rich Square, NC: equally priced homes
- Randle, WA: higher priced homes
- Noxapater, MS: equally priced homes
- Newburg, MO: higher priced homes
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