Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Groton area can be challenging. Home prices in Groton are now at a median cost of $515,472, higher than the Massachusetts average of $477,554.
The average cost of rent is $1,191/mo in Groton, primarily driven by the current value of real estate in the Groton area. While nearly 25.63% of residents own their homes outright in Groton, 11.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in Groton is $13,542 per month. Households that rent pay about 8.80% of their income on rent here. Groton's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Ayer, MA: less expensive homes
- Shirley Center, MA: less expensive homes
- Graniteville, MA: equally priced homes
- Pepperell, MA: less expensive homes
- Dunstable, MA: equally priced homes
- Townsend Harbor, MA: less expensive homes
- Littleton, MA: equally priced homes
- Westford, MA: higher priced homes
- Devens, MA: less expensive homes
- Shirley, MA: less expensive homes
Cities with Similar Populations
- Swannanoa, NC: less expensive homes
- Carthage, NC: less expensive homes
- Carthage, TX: less expensive homes
- Wood-Ridge, NJ: equally priced homes
- Wonder Lake, IL: less expensive homes
- Wise, VA: less expensive homes
- Winters, CA: higher priced homes
- Wilmer, AL: less expensive homes
- Talent, OR: less expensive homes
- Talbott, TN: less expensive homes
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