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These days, finding an affordable place to live in the Groveton area can be challenging. Home prices in Groveton are now at a median cost of $108,298, lower than the Texas average of $322,096.
The average cost of rent is $728/mo in Groveton, primarily driven by the current value of real estate in the Groveton area. In Groveton, 18.98% of households rent, and 73.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Groveton is $4,236 per month. Households that rent pay about 17.19% of their income on rent here. Groveton’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Crecy, TX: higher priced homes
- Centralia, TX: higher priced homes
- Josserand, TX: equally priced homes
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- Carmona, TX: higher priced homes
- Glendale, TX: higher priced homes
- Chita, TX: equally priced homes
- Holly, TX: higher priced homes
- Trinity, TX: equally priced homes
Cities with Similar Populations
- Babbitt, MN: higher priced homes
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- Wickliffe, KY: higher priced homes
- West Point, CA: higher priced homes
- Valley View, OH: higher priced homes
- Drasco, AR: higher priced homes
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