Similar to the surrounding areas, it is significantly less expensive compared to the nation as a whole. Compared to the city of Springfield, it is significantly less expensive.
Home prices
The median home in Mountain Grove is valued at $74,900. Compared to its nearby areas this is is very similar.It is approximately $142,600 (65%) lower compared to the nation as a whole, and it is about $43,200 (36%) lower in comparison to the city of Springfield.
Rents
The median monthly rent in Mountain Grove is $577. In comparison to other places in this area this is about $73 (14%) higher.Compared to the entire nation it is about $485 (45%) lower, and it is approximately $167 (22%) lower in comparison to the city of Springfield.
Nearby places
Norwood
Norwood is roughly 7 miles west from Mountain Grove. The real estate prices there are a bit more expensive. Norwood's median home cost is $79,400, which works out to $4,500 (5%) higher than Mountain Grove. Rent there is similar. In Norwood the median monthly rent is $576, which is very similar to Mountain Grove.
Cabool
Cabool is approximately 7 miles east of Mountain Grove. Housing prices there are somewhat more expensive. The value of the median home in Cabool is $91,400, which is $16,500 (18%) higher than Mountain Grove. Rent there is a bit less expensive. Cabool's median monthly rent is $522, which works out to $55 (10%) lower than Mountain Grove.
Hartville
Hartville is approximately 14 miles northwest of Mountain Grove. The real estate prices there are significantly less expensive. Hartville's median home value is $39,000, which comes out to $35,900 (92%) lower than Mountain Grove. Rents there are a little less expensive. Hartville's median rent is $500 per month, which comes out to $77 (15%) lower than Mountain Grove.
Mansfield
Mansfield is approximately 15 miles west from Mountain Grove. Housing prices there are fairly similar. Mansfield's median home cost is $77,000, which comes out to $2,100 (2%) higher than Mountain Grove. The rent there is a lot less expensive. The median monthly rent in Mansfield is $392, which comes out to $185 (47%) lower than Mountain Grove.
Willow Springs
Willow Springs is about 17 miles southeast from Mountain Grove. The housing prices there are a bit more expensive. The median home cost in Willow Springs is $89,500, which comes out to $14,600 (16%) higher than Mountain Grove. The rent there is somewhat less expensive. The median monthly rent in Willow Springs is $530, which is $47 (8%) lower than Mountain Grove.
