Much like its nearby areas, it is significantly less expensive compared to the country as a whole. Compared to the city of Birmingham however, it's a little more expensive.
Home prices
The value of the median home in Oak Grove is $96,300. It is roughly $3,480 (3%) higher compared to nearby areas.In comparison to the United States as a whole it is about $121,200 (55%) lower, and in comparison to the city of Birmingham is roughly $5,200 (5%) higher.
Rents
The median monthly rent in Oak Grove is $733. This is about $70 (10%) higher in comparison to its nearby areas.Compared to the nation as a whole it is approximately $329 (30%) lower, and is about $104 (12%) lower compared to the city of Birmingham.
Nearby places
Sylacauga
Sylacauga is Oak Grove's neighbor to the southeast. The real estate prices there are a little more expensive. The median home price in Sylacauga is $131,600, which is $35,300 (26%) higher than Oak Grove. The rent there is somewhat less expensive. In Sylacauga the median monthly rent is $609, which comes out to $124 (20%) lower than Oak Grove.
Childersburg
Childersburg is Oak Grove's neighbor to the north. Its real estate prices are a little more expensive. The median home cost in Childersburg is $107,800, which is $11,500 (10%) higher than Oak Grove. Its rents are significantly less expensive. Childersburg's median monthly rent is $506, which comes out to $227 (44%) lower than Oak Grove.
Mignon
Mignon is about 1 mile east of Oak Grove. The real estate prices there are a lot less expensive. The median home cost in Mignon is $36,900, which works out to $59,400 (160%) lower than Oak Grove. Its rents are a bit less expensive. In Mignon the median rent is $632 a month, which works out to $101 (15%) lower than Oak Grove.
Bon Air
Bon Air is approximately 5 miles north of Oak Grove. Its real estate prices are significantly less expensive. The median home in Bon Air is valued at $67,500, which comes out to $28,800 (42%) lower than Oak Grove. Its rents are a bit less expensive. In Bon Air the median monthly rent is $617, which is $116 (18%) lower than Oak Grove.
Talladega Springs
Talladega Springs is roughly 8 miles southwest from Oak Grove. Its housing prices are a little more expensive. Talladega Springs's median home cost is $120,300, which comes out to $24,000 (19%) higher than Oak Grove. Its rents are a little more expensive. The median monthly rent in Talladega Springs is $950, which is $217 (22%) higher than Oak Grove.
