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 $147,576, lower than the South Dakota average of $199,518.
The average cost of rent is $824/mo in Groton, primarily driven by the current value of real estate in the Groton area. While nearly 40.87% of residents own their homes outright in Groton, 23.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Groton is $6,121 per month. Households that rent pay about 13.46% of their income on rent here. Groton's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- James, SD: higher priced homes
- Putney, SD: less expensive homes
- Ferney, SD: higher priced homes
- Andover, SD: less expensive homes
- Tacoma Park, SD: higher priced homes
- Bath, SD: higher priced homes
- Huffton, SD: less expensive homes
- Verdon, SD: higher priced homes
- Stratford, SD: higher priced homes
- Pierpont, SD: less expensive homes
Cities with Similar Populations
- Lake Waccamaw, NC: higher priced homes
- Taylor Highlands, PA: equally priced homes
- Monroe North, WA: higher priced homes
- Mokelumne Hill, CA: higher priced homes
- Lyndon, KS: less expensive homes
- Lower Brule, SD: less expensive homes
- Lincoln, NH: higher priced homes
- Limestone, IL: higher priced homes
- Lenox, IA: less expensive homes
- Troy, KS: less expensive homes
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