Home prices
The value of the median home in Raleigh is $66,300. In comparison to other places in this area this is roughly $8,560 (14%) higher.Compared to the entire nation it is roughly $151,200 (69%) lower, and compared to the city of Evansville is roughly $27,900 (29%) lower.
Rents
Raleigh's median monthly rent is $575. Compared to nearby areas it is roughly $35 (5%) lower.In comparison to the entire nation it is about $487 (45%) lower, and compared to the city of Evansville it is approximately $199 (25%) lower.
Nearby places
Galatia
Galatia is about 4 miles west from Raleigh. Its housing prices are similar. Galatia's median home value is $63,600, which is $2,700 (4%) lower than Raleigh. Its rents are a little less expensive. Galatia's median monthly rent is $528, which is $47 (8%) lower than Raleigh.
Eldorado
Eldorado is approximately 4 miles east of Raleigh. Real estate prices there are significantly less expensive. The median home in Eldorado costs $44,000, which works out to $22,300 (50%) lower than Raleigh. The rent there is somewhat more expensive. In Eldorado the median monthly rent is $642, which comes out to $67 (10%) higher than Raleigh.
Harrisburg
Harrisburg is approximately 6 miles south from Raleigh. Housing prices there are somewhat more expensive. Harrisburg's median home value is $69,800, which works out to $3,500 (5%) higher than Raleigh. Rents there are pretty similar. Harrisburg's median monthly rent is $570, which is very similar to Raleigh.
Broughton
Broughton is approximately 8 miles northeast of Raleigh. Housing prices there are a little less expensive. The median home value in Broughton is $51,500, which works out to $14,800 (28%) lower than Raleigh. Its rents are a little more expensive. The median monthly rent in Broughton is $671, which comes out to $96 (14%) higher than Raleigh.
Carrier Mills
Carrier Mills is about 10 miles southwest of Raleigh. The real estate prices there are a bit less expensive. The value of the median home in Carrier Mills is $59,800, which is $6,500 (10%) lower than Raleigh. Its rents are somewhat more expensive. The median monthly rent in Carrier Mills is $639, which is $64 (10%) higher than Raleigh.
