Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Long Grove area can be challenging. Home prices in Long Grove are now at a median cost of $572,102, higher than the Illinois average of $242,002.
The average cost of rent is $2,358/mo in Long Grove, primarily driven by the current value of real estate in the Long Grove area. While nearly 37.50% of residents own their homes outright in Long Grove, 15.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Long Grove is $14,638 per month. Households that rent pay about 16.11% of their income on rent here. Long Grove's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Indian Creek, IL: less expensive homes
- Kildeer, IL: equally priced homes
- Vernon Hills, IL: less expensive homes
- Buffalo Grove, IL: less expensive homes
- Hawthorn Woods, IL: less expensive homes
- Lincolnshire, IL: equally priced homes
- Lake Zurich, IL: less expensive homes
- Mundelein, IL: less expensive homes
- Deer Park, IL: less expensive homes
- Palatine, IL: less expensive homes
Cities with Similar Populations
- Glenwood, IL: less expensive homes
- Stanford, KY: less expensive homes
- St. Louis, MI: less expensive homes
- Springdale, OH: less expensive homes
- Spring City, PA: less expensive homes
- Spencer, MA: less expensive homes
- Harrison, MI: less expensive homes
- Grinnell, IA: less expensive homes
- Gray, LA: less expensive homes
- Granite Falls, WA: less expensive homes
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