Home prices
Gravette's median home price is $112,400. In comparison to its surrounding areas it is approximately $15,960 (12%) lower.Compared to the rest of the nation it is about $105,100 (48%) lower, and in comparison to the city of Springfield is roughly $5,700 (4%) lower.
Rents
The median rent in Gravette is $816 per month. It is approximately $25 (2%) lower compared to the surrounding areas.It is approximately $246 (23%) lower compared to the rest of the country, and is about $72 (9%) higher compared to the city of Springfield.
Nearby places
Bella Vista
Bella Vista is Gravette's neighbor to the northeast. The real estate prices there are a lot more expensive. The median home in Bella Vista costs $168,000, which works out to $55,600 (33%) higher than Gravette. The rent there is somewhat more expensive. The median rent in Bella Vista is $942 per month, which works out to $126 (13%) higher than Gravette.
Sulphur Springs
Sulphur Springs is roughly 5 miles northwest of Gravette. Its housing prices are significantly less expensive. The median home in Sulphur Springs costs $65,000, which is $47,400 (72%) lower than Gravette. Its rents are somewhat less expensive. Sulphur Springs's median monthly rent is $759, which works out to $57 (7%) lower than Gravette.
Centerton
Centerton is approximately 6 miles southeast of Gravette. Real estate prices there are significantly more expensive. The median home price in Centerton is $185,400, which works out to $73,000 (39%) higher than Gravette. The rent there is a bit more expensive. Centerton's median monthly rent is $1,091, which works out to $275 (25%) higher than Gravette.
Decatur
Decatur is about 7 miles southwest of Gravette. Its housing prices are somewhat less expensive. The median home price in Decatur is $87,700, which comes out to $24,700 (28%) lower than Gravette. The rent there is significantly less expensive. Decatur's median monthly rent is $586, which comes out to $230 (39%) lower than Gravette.
Jane
Jane is about 8 miles north from Gravette. The housing prices there are a little more expensive. The median home in Jane is valued at $135,700, which is $23,300 (17%) higher than Gravette. Its rents are similar. The median rent in Jane is $825 per month, which is $9 (1%) higher than Gravette.
