Home prices
The median home in Ocean Grove is valued at $232,300. This is approximately $26,680 (10%) lower compared to its nearby areas.Compared to the US as a whole it is approximately $14,800 (6%) higher, and in comparison to the city of Boston is approximately $300,400 (56%) lower.
Rents
The median rent in Ocean Grove is $1,300 a month. It is about $319 (32%) higher compared to its surrounding areas.It is roughly $238 (22%) higher in comparison to the United States as a whole, and compared to the city of Boston is about $320 (19%) lower.
Nearby places
Somerset
Somerset is roughly 2 miles east from Ocean Grove. Its real estate prices are a bit more expensive. The price of the median home in Somerset is $279,200, which works out to $46,900 (16%) higher than Ocean Grove. The rent there is somewhat less expensive. Somerset's median rent is $1,132 a month, which comes out to $168 (14%) lower than Ocean Grove.
Fall River
Fall River is about 4 miles east from Ocean Grove. The housing prices there are pretty similar. The cost of the median home in Fall River is $242,200, which works out to $9,900 (4%) higher than Ocean Grove. Rents there are significantly less expensive. In Fall River the median rent is $804 a month, which works out to $496 (61%) lower than Ocean Grove.
Tiverton
Tiverton is approximately 5 miles south of Ocean Grove. The real estate prices there are a little more expensive. The cost of the median home in Tiverton is $258,800, which comes out to $26,500 (10%) higher than Ocean Grove. Rent there is significantly less expensive. Tiverton's median monthly rent is $939, which is $361 (38%) lower than Ocean Grove.
North Westport
North Westport is approximately 7 miles southeast from Ocean Grove. Its real estate prices are a little more expensive. The median home in North Westport is valued at $293,000, which works out to $60,700 (20%) higher than Ocean Grove. Its rents are a bit less expensive. The median monthly rent in North Westport is $1,057, which works out to $243 (22%) lower than Ocean Grove.
East Providence
East Providence is about 8 miles northwest of Ocean Grove. Its housing prices are similar. The median home in East Providence costs $221,700, which is $10,600 (4%) lower than Ocean Grove. Its rents are substantially less expensive. The median rent in East Providence is $974 a month, which comes out to $326 (33%) lower than Ocean Grove.
