Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Summit Grove area can be challenging. Home prices in Summit Grove are now at a median cost of $124,699, lower than the Indiana average of $175,617.
The average cost of rent is $563/mo in Summit Grove, primarily driven by the current value of real estate in the Summit Grove area. While nearly 33.12% of residents own their homes outright in Summit Grove, 21.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Summit Grove is $5,146 per month. Households that rent pay about 10.94% of their income on rent here. Summit Grove's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Fairview Park, IN: less expensive homes
- Clinton, IN: less expensive homes
- Mecca, IN: less expensive homes
- Lyford, IN: less expensive homes
- Hillsdale, IN: less expensive homes
- Jonestown, IN: less expensive homes
- Montezuma, IN: less expensive homes
- Blanford, IN: less expensive homes
- Coxville, IN: less expensive homes
- St. Bernice, IN: less expensive homes
Cities with Similar Populations
- Laneheart, MS: equally priced homes
- Spring Creek, TX: less expensive homes
- Spencer Heights, IL: less expensive homes
- Spanish Fort, MS: less expensive homes
- South Pass City, WY: higher priced homes
- South Jefferson, NY: higher priced homes
- Sneedville, TX: less expensive homes
- Lodi, AR: higher priced homes
- Lochiel, AZ: higher priced homes
- Lochgelly, WV: less expensive homes
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