Much like its nearby areas, it's a lot less expensive compared to the entire country. Compared to the city of Des Moines, it is a lot less expensive.
Home prices
The median home in Stanhope costs $81,900. In comparison to its surrounding areas this is about $1,120 (1%) lower.In comparison to the US as a whole it is about $135,600 (62%) lower, and is about $51,300 (38%) lower compared to the city of Des Moines.
Rents
The median rent in Stanhope is $608 per month. Compared to its surrounding areas it is approximately $182 (23%) lower.It is roughly $454 (42%) lower in comparison to the entire country, and it is about $247 (28%) lower in comparison to the city of Des Moines.
Nearby places
Stratford
Stratford is roughly 5 miles west from Stanhope. Its housing prices are a bit less expensive. The median home in Stratford is valued at $77,600, which comes out to $4,300 (5%) lower than Stanhope. Rent there is a bit more expensive. In Stratford the median rent is $746 a month, which comes out to $138 (18%) higher than Stanhope.
Jewell Junction
Jewell Junction is about 6 miles east of Stanhope. Its real estate prices are somewhat more expensive. The median home cost in Jewell Junction is $112,600, which is $30,700 (27%) higher than Stanhope. Rent there is a bit more expensive. The median monthly rent in Jewell Junction is $761, which is $153 (20%) higher than Stanhope.
Kamrar
Kamrar is roughly 7 miles northeast of Stanhope. Real estate prices there are a lot less expensive. The median home cost in Kamrar is $38,300, which comes out to $43,600 (113%) lower than Stanhope. Rent there is a bit more expensive. The median monthly rent in Kamrar is $850, which works out to $242 (28%) higher than Stanhope.
Randall
Randall is roughly 9 miles east from Stanhope. Its housing prices are a little more expensive. The median home in Randall is valued at $102,900, which is $21,000 (20%) higher than Stanhope. Rents there are somewhat more expensive. Randall's median monthly rent is $725, which is $117 (16%) higher than Stanhope.
Ellsworth
Ellsworth is approximately 9 miles east of Stanhope. Its housing prices are fairly similar. The median home value in Ellsworth is $83,700, which works out to $1,800 (2%) higher than Stanhope. Rents there are somewhat more expensive. In Ellsworth the median rent is $868 per month, which works out to $260 (29%) higher than Stanhope.