Home prices
The cost of the median home in Grottoes is $165,400. It is approximately $67,080 (28%) lower in comparison to nearby areas.Compared to the United States as a whole it is roughly $52,100 (23%) lower, and is roughly $5,300 (3%) higher compared to the city of Lynchburg.
Rents
The median monthly rent in Grottoes is $813. This is approximately $84 (9%) lower in comparison to its nearby areas.It is about $249 (23%) lower compared to the rest of the country, and it is roughly $44 (5%) lower in comparison to the city of Lynchburg.
Nearby places
Weyers Cave
Weyers Cave is about 4 miles west of Grottoes. The housing prices there are a bit more expensive. The median home in Weyers Cave costs $236,300, which is $70,900 (30%) higher than Grottoes. Its rents are a little more expensive. The median rent in Weyers Cave is $1,008 per month, which comes out to $195 (19%) higher than Grottoes.
Mount Sidney
Mount Sidney is roughly 6 miles west of Grottoes. Real estate prices there are a little more expensive. The median home price in Mount Sidney is $216,000, which is $50,600 (23%) higher than Grottoes. The rent there is substantially less expensive. Mount Sidney's median rent is $528 per month, which is $285 (53%) lower than Grottoes.
Crimora
Crimora is approximately 7 miles south of Grottoes. The real estate prices there are a lot less expensive. The median home in Crimora is valued at $92,100, which comes out to $73,300 (79%) lower than Grottoes. The rent there is a bit less expensive. In Crimora the median rent is $704 a month, which is $109 (15%) lower than Grottoes.
Mount Crawford
Mount Crawford is roughly 8 miles northwest from Grottoes. The real estate prices there are a little more expensive. Mount Crawford's median home price is $224,100, which works out to $58,700 (26%) higher than Grottoes. Its rents are a bit more expensive. In Mount Crawford the median monthly rent is $925, which is $112 (12%) higher than Grottoes.
Massanetta Springs
Massanetta Springs is roughly 8 miles north of Grottoes. Its real estate prices are significantly more expensive. The median home cost in Massanetta Springs is $393,900, which works out to $228,500 (58%) higher than Grottoes. Rents there are significantly more expensive. The median rent in Massanetta Springs is $1,321 a month, which comes out to $508 (38%) higher than Grottoes.
