Home prices
Griffith's median home price is $141,700. Compared to other places in this area it is roughly $36,380 (20%) lower.It is approximately $75,800 (34%) lower in comparison to the country as a whole, and in comparison to the city of Chicago is roughly $116,300 (45%) lower.
Rents
In Griffith the median rent is $919 a month. This is about $146 (13%) lower compared to nearby areas.In comparison to the rest of the nation it is roughly $143 (13%) lower, and compared to the city of Chicago it is about $193 (17%) lower.
Nearby places
Highland
Highland is Griffith's neighbor to the northwest. Housing prices there are somewhat more expensive. The median home price in Highland is $161,100, which is $19,400 (12%) higher than Griffith. Its rents are a little more expensive. The median monthly rent in Highland is $1,106, which comes out to $187 (16%) higher than Griffith.
Schererville
Schererville is Griffith's neighbor to the south. Its housing prices are substantially more expensive. The median home in Schererville is valued at $222,400, which comes out to $80,700 (36%) higher than Griffith. Rents there are somewhat more expensive. In Schererville the median monthly rent is $973, which works out to $54 (5%) higher than Griffith.
Gary
Gary is Griffith's neighbor to the northeast. Housing prices there are significantly less expensive. Gary's median home value is $66,100, which comes out to $75,600 (114%) lower than Griffith. Its rents are a bit less expensive. Gary's median rent is $785 per month, which is $134 (17%) lower than Griffith.
Munster
Munster is approximately 3 miles west of Griffith. Real estate prices there are substantially more expensive. The median home in Munster costs $228,400, which comes out to $86,700 (37%) higher than Griffith. Its rents are a little more expensive. In Munster the median rent is $1,149 per month, which comes out to $230 (20%) higher than Griffith.
Dyer
Dyer is approximately 4 miles southwest from Griffith. The housing prices there are significantly more expensive. The median home in Dyer is valued at $212,400, which is $70,700 (33%) higher than Griffith. The rent there is a bit more expensive. The median rent in Dyer is $1,311 per month, which is $392 (29%) higher than Griffith.
