Home prices
The median home price in Elsmere is $174,700. Compared to its surrounding areas it is approximately $110,960 (38%) lower.In comparison to the nation as a whole it is roughly $42,800 (19%) lower, and is roughly $11,700 (7%) higher compared to the city of Philadelphia.
Rents
Elsmere's median monthly rent is $1,035. It is about $78 (7%) lower compared to other places in this area.It is approximately $27 (2%) lower in comparison to the entire nation, and in comparison to the city of Philadelphia is is very similar.
Nearby places
Wilmington
Wilmington is Elsmere's neighbor to the east. Its housing prices are fairly similar. Wilmington's median home value is $168,000, which is $6,700 (3%) lower than Elsmere. Rents there are fairly similar. In Wilmington the median monthly rent is $1,001, which works out to $34 (3%) lower than Elsmere.
Newport
Newport is about 1 mile south of Elsmere. Its real estate prices are somewhat more expensive. The median home in Newport costs $210,800, which works out to $36,100 (17%) higher than Elsmere. The rent there is similar. In Newport the median monthly rent is $1,017, which works out to $18 (1%) lower than Elsmere.
Greenville
Greenville is roughly 2 miles north from Elsmere. Its housing prices are significantly more expensive. The price of the median home in Greenville is $692,000, which is $517,300 (74%) higher than Elsmere. Rents there are a bit more expensive. Greenville's median rent is $1,365 a month, which is $330 (24%) higher than Elsmere.
Wilmington Manor
Wilmington Manor is about 3 miles south from Elsmere. Real estate prices there are similar. The value of the median home in Wilmington Manor is $172,800, which comes out to $1,900 (1%) lower than Elsmere. Rent there is fairly similar. In Wilmington Manor the median monthly rent is $1,073, which comes out to $38 (3%) higher than Elsmere.
Edgemoor
Edgemoor is about 4 miles east of Elsmere. Its housing prices are somewhat more expensive. The value of the median home in Edgemoor is $184,700, which is $10,000 (5%) higher than Elsmere. Rents there are a little more expensive. Edgemoor's median rent is $1,110 a month, which is $75 (6%) higher than Elsmere.
