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 $157,994, lower than the Tennessee average of $218,916.
The average cost of rent is $891/mo in Shady Grove, primarily driven by the current value of real estate in the Shady Grove area. While nearly 51.72% of residents own their homes outright in Shady Grove, 19.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shady Grove is $3,767 per month. Households that rent pay about 23.64% of their income on rent here. Shady Grove's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Morrison, TN: equally priced homes
- Hiawassee, TN: less expensive homes
- Ragsdale, TN: higher priced homes
- Sainville, TN: equally priced homes
- Gnat Hill, TN: higher priced homes
- Manchester, TN: higher priced homes
- Fredonia, TN: higher priced homes
- Viola, TN: less expensive homes
- Winton Town, TN: less expensive homes
- White Oaks, TN: equally priced homes
Cities with Similar Populations
- Tunker, IN: higher priced homes
- Danforth, ME: less expensive homes
- Danieltown, VA: less expensive homes
- Daus, TN: less expensive homes
- Dawkins, SC: less expensive homes
- Debs, MN: higher priced homes
- Deer Harbor, WA: higher priced homes
- Toro, LA: less expensive homes
- Trade River, WI: equally priced homes
- Trent Mill, VA: equally priced homes
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