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These days, finding an affordable place to live in the Ivy Grove area can be challenging. Home prices in Ivy Grove are now at a median cost of $69,600, lower than the Kentucky average of $219,615.
The average cost of rent is $520/mo in Ivy Grove, primarily driven by the current value of real estate in the Ivy Grove area. In Ivy Grove, 46.30% of households rent, and 75.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ivy Grove is $3,486 per month. Households that rent pay about 14.92% of their income on rent here. Ivy Grove’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fourmile, KY: higher priced homes
- Cary, KY: higher priced homes
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- Old Flat Lick, KY: higher priced homes
- Rella, KY: equally priced homes
- Himyar, KY: less expensive homes
- Wasioto, KY: higher priced homes
- Walker, KY: less expensive homes
Cities with Similar Populations
- Waltersburg, PA: higher priced homes
- Lambert Lake, ME: higher priced homes
- Lancer, KY: higher priced homes
- Landsaw, KY: equally priced homes
- Lane, ID: higher priced homes
- Lane Springs, AL: higher priced homes
- Langdon, KS: higher priced homes
- Lawrenceport, IN: higher priced homes
- Rupert, VT: higher priced homes
- Wasioto, KY: higher priced homes
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