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These days, finding an affordable place to live in the Walnut Grove area can be challenging. Home prices in Walnut Grove are now at a median cost of $166,930, lower than the Arkansas average of $207,061.
The average cost of rent is $696/mo in Walnut Grove, primarily driven by the current value of real estate in the Walnut Grove area. In Walnut Grove, 21.72% of households rent, and 69.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Walnut Grove is $5,212 per month. Households that rent pay about 13.36% of their income on rent here. Walnut Grove’s most expensive areas are in the southeastern 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
- Cord, AR: higher priced homes
- Charlotte, AR: equally priced homes
- Dowdy, AR: less expensive homes
- Saffell, AR: equally priced homes
- Sulphur Rock, AR: higher priced homes
- Gainsboro, AR: equally priced homes
- Shelbyville, AR: higher priced homes
- Newark, AR: less expensive homes
- Hickory Valley, AR: equally priced homes
- Strawberry, AR: equally priced homes
Cities with Similar Populations
- Six Mile, AL: less expensive homes
- Lyburn, WV: less expensive homes
- Lynnville, IL: equally priced homes
- Shailerville, CT: higher priced homes
- Shenks Ferry, PA: higher priced homes
- Shubert, NE: less expensive homes
- Simpson, IN: higher priced homes
- Sims Chapel, AL: higher priced homes
- Sipes Mill, PA: higher priced homes
- Luther, TN: less expensive homes
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