Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Groton City area can be challenging. Home prices in Groton City are now at a median cost of $147,565, lower than the New York average of $481,023.
The average cost of rent is $867/mo in Groton City, primarily driven by the current value of real estate in the Groton City area. While nearly 37.45% of residents own their homes outright in Groton City, 24.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Groton City is $4,971 per month. Households that rent pay about 17.43% of their income on rent here. Groton City's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Groton, NY: higher priced homes
- West Groton, NY: higher priced homes
- Peruville, NY: equally priced homes
- Locke, NY: equally priced homes
- Summerhill, NY: equally priced homes
- Mc Lean, NY: higher priced homes
- North Lansing, NY: higher priced homes
- West Dryden, NY: higher priced homes
- Lansing, NY: higher priced homes
- Freeville, NY: higher priced homes
Cities with Similar Populations
- Peoria, NY: less expensive homes
- New Prospect, AL: higher priced homes
- New River, FL: equally priced homes
- New Rome, WI: higher priced homes
- Newark, IN: equally priced homes
- Newburg, IA: higher priced homes
- Newfield, ME: higher priced homes
- North Cleveland, TX: less expensive homes
- North Jay, ME: higher priced homes
- North Matewan, WV: less expensive homes
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