Much like its nearby areas, it is substantially less expensive compared to the rest of the country. However compared to the city of Evansville, it is a bit less expensive.
Home prices
Grayville's median home value is $64,800. This is about $3,280 (4%) lower compared to its surrounding areas.In comparison to the US as a whole it is roughly $152,700 (70%) lower, and is approximately $29,400 (31%) lower in comparison to the city of Evansville.
Rents
The median monthly rent in Grayville is $461. This is roughly $170 (26%) lower compared to other places in this area.Compared to the United States as a whole it is approximately $601 (56%) lower, and it is about $313 (40%) lower compared to the city of Evansville.
Nearby places
Crossville
Crossville is approximately 7 miles southwest from Grayville. Real estate prices there are a bit less expensive. The median home in Crossville costs $51,400, which works out to $13,400 (26%) lower than Grayville. The rent there is pretty similar. The median monthly rent in Crossville is $458, which is very similar to Grayville.
Browns
Browns is approximately 8 miles north of Grayville. Its housing prices are fairly similar. The median home in Browns is valued at $64,100, which comes out to $700 (1%) lower than Grayville. Rents there are a bit more expensive. In Browns the median rent is $525 per month, which is $64 (12%) higher than Grayville.
Albion
Albion is roughly 8 miles north from Grayville. Housing prices there are a little more expensive. The median home value in Albion is $70,100, which is $5,300 (7%) higher than Grayville. Rents there are a little more expensive. The median rent in Albion is $559 per month, which is $98 (17%) higher than Grayville.
New Harmony
New Harmony is roughly 9 miles south from Grayville. The real estate prices there are a lot more expensive. The median home in New Harmony is valued at $108,800, which works out to $44,000 (40%) higher than Grayville. Rents there are significantly more expensive. The median monthly rent in New Harmony is $961, which works out to $500 (52%) higher than Grayville.
Bellmont
Bellmont is roughly 9 miles northeast from Grayville. Real estate prices there are a lot less expensive. The median home cost in Bellmont is $46,000, which works out to $18,800 (40%) lower than Grayville. Its rents are a little more expensive. In Bellmont the median rent is $650 per month, which comes out to $189 (29%) higher than Grayville.