Similar to its surrounding areas, it's a little less expensive compared to the rest of the nation. Compared to the city of Atlanta however, it is a lot less expensive.
Home prices
The value of the median home in McDonough is $164,100. In comparison to nearby areas this is approximately $4,540 (2%) higher.Compared to the United States as a whole it is roughly $53,400 (24%) lower, and compared to the city of Atlanta is about $126,300 (43%) lower.
Rents
McDonough's median rent is $1,137 per month. It is about $17 (1%) lower in comparison to other places in this area.In comparison to the rest of the country it is approximately $75 (7%) higher, and in comparison to the city of Atlanta is about $16 (1%) lower.
Nearby places
Locust Grove
Locust Grove is about 7 miles south of McDonough. Its housing prices are a little less expensive. The median home in Locust Grove costs $155,200, which works out to $8,900 (5%) lower than McDonough. Rent there is similar. In Locust Grove the median monthly rent is $1,173, which comes out to $36 (3%) higher than McDonough.
Stockbridge
Stockbridge is approximately 7 miles northwest of McDonough. The real estate prices there are a bit more expensive. The cost of the median home in Stockbridge is $180,700, which comes out to $16,600 (9%) higher than McDonough. Rent there is pretty similar. The median rent in Stockbridge is $1,177 a month, which works out to $40 (3%) higher than McDonough.
Heron Bay
Heron Bay is about 7 miles south from McDonough. Real estate prices there are somewhat more expensive. The median home in Heron Bay costs $207,500, which comes out to $43,400 (20%) higher than McDonough. Its rents are somewhat more expensive. In Heron Bay the median rent is $1,330 per month, which comes out to $193 (14%) higher than McDonough.
Hampton
Hampton is about 8 miles southwest of McDonough. The real estate prices there are a bit less expensive. The median home in Hampton costs $146,900, which comes out to $17,200 (11%) lower than McDonough. Rent there is a little less expensive. Hampton's median rent is $991 per month, which comes out to $146 (14%) lower than McDonough.
Lovejoy
Lovejoy is approximately 8 miles west from McDonough. Its housing prices are a lot less expensive. The median home value in Lovejoy is $107,500, which is $56,600 (52%) lower than McDonough. Its rents are fairly similar. The median monthly rent in Lovejoy is $1,098, which comes out to $39 (3%) lower than McDonough.
