Home prices
The median home in Bantam is valued at $173,800. It is about $105,740 (37%) lower compared to the surrounding areas.It is approximately $43,700 (20%) lower compared to the rest of the nation, and in comparison to the city of New York is about $432,200 (71%) lower.
Rents
In Bantam the median rent is $625 a month. Compared to its surrounding areas this is roughly $508 (44%) lower.It is approximately $437 (41%) lower compared to the rest of the nation, and it is roughly $818 (56%) lower in comparison to the city of New York.
Nearby places
Litchfield
Litchfield is approximately 2 miles northeast from Bantam. Its housing prices are significantly more expensive. Litchfield's median home price is $350,000, which comes out to $176,200 (50%) higher than Bantam. Rent there is a lot more expensive. In Litchfield the median rent is $1,085 a month, which comes out to $460 (42%) higher than Bantam.
New Preston
New Preston is approximately 5 miles southwest from Bantam. The housing prices there are substantially more expensive. New Preston's median home value is $377,700, which works out to $203,900 (53%) higher than Bantam. Rents there are a lot more expensive. The median rent in New Preston is $1,354 per month, which is $729 (53%) higher than Bantam.
Bethlehem Village
Bethlehem Village is roughly 5 miles south from Bantam. Real estate prices there are significantly more expensive. The price of the median home in Bethlehem Village is $321,000, which is $147,200 (45%) higher than Bantam. The rent there is significantly more expensive. The median monthly rent in Bethlehem Village is $1,440, which is $815 (56%) higher than Bantam.
Thomaston
Thomaston is about 7 miles southeast of Bantam. Housing prices there are a bit more expensive. The median home in Thomaston is valued at $195,300, which comes out to $21,500 (11%) higher than Bantam. Rents there are a little more expensive. Thomaston's median monthly rent is $836, which comes out to $211 (25%) higher than Bantam.
Torrington
Torrington is roughly 8 miles northeast of Bantam. Housing prices there are a little less expensive. Torrington's median home value is $153,700, which works out to $20,100 (13%) lower than Bantam. The rent there is a lot more expensive. The median rent in Torrington is $949 a month, which works out to $324 (34%) higher than Bantam.
