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These days, finding an affordable place to live in the North Grove area can be challenging. Home prices in North Grove are now at a median cost of $207,800, lower than the Indiana average of $232,932.
The average cost of rent is $792/mo in North Grove, primarily driven by the current value of real estate in the North Grove area. In North Grove, 3.61% of households rent, and 52.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in North Grove is $5,576 per month. Households that rent pay about 14.20% of their income on rent here. North 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.
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