Much like nearby areas, it is a lot less expensive compared to the United States as a whole. However compared to the city of La Junta, it's a bit less expensive.
Home prices
Granada's median home cost is $77,800. Compared to other places in this area this is roughly $2,240 (2%) higher.Compared to the US as a whole it is about $139,700 (64%) lower, and is about $13,600 (14%) lower in comparison to the city of La Junta.
Rents
In Granada the median monthly rent is $592. It is roughly $27 (4%) lower in comparison to the surrounding areas.In comparison to the rest of the country it is about $470 (44%) lower, and is approximately $96 (13%) lower compared to the city of La Junta.
Nearby places
Holly
Holly is about 8 miles east of Granada. The housing prices there are a bit less expensive. The median home in Holly costs $62,900, which comes out to $14,900 (23%) lower than Granada. Rents there are a little more expensive. In Holly the median rent is $648 a month, which is $56 (8%) higher than Granada.
Lamar
Lamar is approximately 14 miles west of Granada. The housing prices there are a bit more expensive. The value of the median home in Lamar is $99,400, which works out to $21,600 (21%) higher than Granada. The rent there is a little more expensive. Lamar's median rent is $732 a month, which works out to $140 (19%) higher than Granada.
Wiley
Wiley is about 20 miles west of Granada. Its housing prices are somewhat more expensive. The median home in Wiley is valued at $100,000, which works out to $22,200 (22%) higher than Granada. Rent there is a little more expensive. The median monthly rent in Wiley is $633, which comes out to $41 (6%) higher than Granada.
Syracuse
Syracuse is approximately 26 miles east of Granada. Its real estate prices are a bit more expensive. Syracuse's median home value is $83,000, which is $5,200 (6%) higher than Granada. Rent there is somewhat more expensive. The median rent in Syracuse is $665 a month, which is $73 (10%) higher than Granada.
Sheridan Lake
Sheridan Lake is roughly 28 miles north of Granada. Its real estate prices are a lot less expensive. The median home in Sheridan Lake is valued at $32,500, which works out to $45,300 (139%) lower than Granada. Rent there is significantly less expensive. In Sheridan Lake the median monthly rent is $419, which is $173 (41%) lower than Granada.
