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Affordable
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These days, finding an affordable place to live in the Olive Grove area can be challenging. Home prices in Olive Grove are now at a median cost of $200,326, lower than the North Carolina average of $323,314.
The average cost of rent is $750/mo in Olive Grove, primarily driven by the current value of real estate in the Olive Grove area. In Olive Grove, 12.26% of households rent, and 56.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Olive Grove is $5,038 per month. Households that rent pay about 14.88% of their income on rent here. Olive 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
- Casar, NC: equally priced homes
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Cities with Similar Populations
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