Home prices
Groton's median home price is $129,700. In comparison to the surrounding areas it is approximately $38,900 (23%) lower.It is approximately $87,800 (40%) lower compared to the US as a whole, and in comparison to the city of Syracuse is approximately $35,300 (37%) higher.
Rents
The median monthly rent in Groton is $677. This is roughly $216 (24%) lower in comparison to other places in this area.Compared to the rest of the nation it is approximately $385 (36%) lower, and in comparison to the city of Syracuse it is about $137 (16%) lower.
Nearby places
Freeville
Freeville is about 5 miles south of Groton. Housing prices there are a little more expensive. The median home cost in Freeville is $150,000, which comes out to $20,300 (13%) higher than Groton. Its rents are pretty similar. The median monthly rent in Freeville is $688, which comes out to $11 (1%) higher than Groton.
Dryden
Dryden is approximately 6 miles southeast of Groton. Real estate prices there are a little more expensive. The median home in Dryden is valued at $176,300, which comes out to $46,600 (26%) higher than Groton. Rents there are somewhat more expensive. In Dryden the median rent is $759 per month, which is $82 (10%) higher than Groton.
Munsons Corners
Munsons Corners is approximately 6 miles east from Groton. The real estate prices there are pretty similar. The median home in Munsons Corners is valued at $129,900, which is very similar to Groton. Its rents are a little more expensive. In Munsons Corners the median monthly rent is $844, which comes out to $167 (19%) higher than Groton.
Cortland
Cortland is about 8 miles east of Groton. Its real estate prices are a bit less expensive. The median home in Cortland is valued at $109,400, which works out to $20,300 (18%) lower than Groton. Its rents are somewhat more expensive. Cortland's median monthly rent is $754, which works out to $77 (10%) higher than Groton.
Lansing
Lansing is about 8 miles southwest of Groton. The housing prices there are significantly more expensive. The median home in Lansing costs $277,400, which works out to $147,700 (53%) higher than Groton. Its rents are significantly more expensive. Lansing's median monthly rent is $1,421, which works out to $744 (52%) higher than Groton.
