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These days, finding an affordable place to live in the Groveland area can be challenging. Home prices in Groveland are now at a median cost of $253,435, lower than the Illinois average of $300,242.
The average cost of rent is $1,082/mo in Groveland, primarily driven by the current value of real estate in the Groveland area. In Groveland, 4.35% of households rent, and 45.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Groveland is $8,248 per month. Households that rent pay about 13.12% of their income on rent here. Groveland’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Towne Oaks, IL: equally priced homes
- Marquette Heights, IL: less expensive homes
- Morton, IL: equally priced homes
- North Pekin, IL: less expensive homes
- Creve Coeur, IL: less expensive homes
- Pekin Heights, IL: higher priced homes
- Pekin, IL: less expensive homes
- Tremont, IL: equally priced homes
- East Peoria, IL: less expensive homes
- Dillon, IL: equally priced homes
Cities with Similar Populations
- New Virginia, IA: higher priced homes
- Saluda, VA: higher priced homes
- Salem, SD: less expensive homes
- Rushville, OH: equally priced homes
- Princes Lakes, IN: equally priced homes
- Pomeroy, WA: equally priced homes
- Poag, IL: higher priced homes
- Phinizy, GA: higher priced homes
- Oakley, MI: less expensive homes
- Northport, MI: higher priced homes
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