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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 $268,208, lower than the Virginia average of $443,089.
The average cost of rent is $1,233/mo in Shady Grove, primarily driven by the current value of real estate in the Shady Grove area. In Shady Grove, 25.33% of households rent, and 58.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shady Grove is $7,318 per month. Households that rent pay about 16.85% of their income on rent here. Shady Grove’s most expensive areas are in the southern 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
- Dyke, VA: higher priced homes
- Free Union, VA: higher priced homes
- White Hall, VA: higher priced homes
- Swift Run, VA: less expensive homes
- Island Ford, VA: higher priced homes
- Mountfair, VA: higher priced homes
- Stanardsville, VA: higher priced homes
- Mc Gaheysville, VA: higher priced homes
- Earlysville, VA: higher priced homes
- Port Republic, VA: higher priced homes
Cities with Similar Populations
- Falcon, MS: less expensive homes
- Germano, OH: less expensive homes
- Germania, PA: less expensive homes
- Geetingsville, IN: less expensive homes
- Gayler, AR: less expensive homes
- Gay, OK: less expensive homes
- Gate, OK: less expensive homes
- Garden Corners, MI: less expensive homes
- Garards Fort, PA: less expensive homes
- Galt, IA: less expensive homes
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