Expensive
Affordable
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These days, finding an affordable place to live in the Lily Grove area can be challenging. Home prices in Lily Grove are now at a median cost of $183,334, lower than the Tennessee average of $315,131.
The average cost of rent is $858/mo in Lily Grove, primarily driven by the current value of real estate in the Lily Grove area. In Lily Grove, 35.40% of households rent, and 61.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lily Grove is $3,008 per month. Households that rent pay about 28.52% of their income on rent here. Lily 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
- Lone Mountain, TN: less expensive homes
- Speedwell, TN: less expensive homes
- New Tazewell, TN: equally priced homes
- Town Creek, TN: less expensive homes
- Cumberland Gap, TN: less expensive homes
- Sandlick, TN: higher priced homes
- Chittum, TN: less expensive homes
- Sharps Chapel, TN: higher priced homes
- Elm Springs, TN: higher priced homes
- Tazewell, TN: less expensive homes
Cities with Similar Populations
- Slandsville, SC: higher priced homes
- Lyme Center, NH: higher priced homes
- Shady Grove, VA: higher priced homes
- Shadyside, MI: less expensive homes
- Sharpsburg, IA: less expensive homes
- Sharpsburg, IL: less expensive homes
- Shelburn, LA: less expensive homes
- Shelburne Falls, VT: higher priced homes
- Sibleyville, NY: higher priced homes
- Sigsbee, GA: higher priced homes
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