Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shady Grove area can be challenging. Home prices in Shady Grove are now at a median cost of $113,275, lower than the Arkansas average of $160,541.
The average cost of rent is $643/mo in Shady Grove, primarily driven by the current value of real estate in the Shady Grove area. While nearly 45.93% of residents own their homes outright in Shady Grove, 19.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shady Grove is $4,756 per month. Households that rent pay about 13.51% of their income on rent here. Shady Grove's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Stacy, AR: higher priced homes
- Promised Land, AR: less expensive homes
- Bay, AR: less expensive homes
- Hergett, AR: higher priced homes
- Trumann, AR: equally priced homes
- Maple Grove, AR: equally priced homes
- Elm Grove, AR: less expensive homes
- Tulot, AR: equally priced homes
- Whitaker, AR: less expensive homes
- Lunsford, AR: less expensive homes
Cities with Similar Populations
- Bushton, KS: less expensive homes
- Webb, OH: higher priced homes
- Watkins, IA: higher priced homes
- Waters Bluff, TX: less expensive homes
- Coltons Point, MD: higher priced homes
- Clear Springs, MO: equally priced homes
- Charlotteville, NY: higher priced homes
- Carversville, PA: higher priced homes
- Carmen, OK: less expensive homes
- Camptonville, CA: higher priced homes
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