Home prices
The median home in Fairmount Heights costs $231,800. Compared to other places in this area this is roughly $16,920 (6%) lower.It is approximately $14,300 (6%) higher compared to the entire nation, and compared to the city of Washington it is approximately $369,700 (61%) lower.
Rents
The median rent in Fairmount Heights is $1,700 per month. This is approximately $365 (27%) higher in comparison to its nearby areas.It is roughly $638 (60%) higher compared to the nation as a whole, and is about $159 (10%) higher compared to the city of Washington.
Nearby places
Seat Pleasant
Seat Pleasant is Fairmount Heights's neighbor to the southeast. Real estate prices there are a bit less expensive. The median home price in Seat Pleasant is $208,700, which works out to $23,100 (11%) lower than Fairmount Heights. Its rents are a lot less expensive. The median monthly rent in Seat Pleasant is $973, which works out to $727 (74%) lower than Fairmount Heights.
Peppermill Village
Peppermill Village is about 1 mile east from Fairmount Heights. Its real estate prices are somewhat more expensive. The median home in Peppermill Village is valued at $248,500, which comes out to $16,700 (6%) higher than Fairmount Heights. The rent there is pretty similar. Peppermill Village's median monthly rent is $1,651, which comes out to $49 (2%) lower than Fairmount Heights.
Cheverly
Cheverly is roughly 1 mile north of Fairmount Heights. The real estate prices there are significantly more expensive. The cost of the median home in Cheverly is $352,800, which comes out to $121,000 (34%) higher than Fairmount Heights. Rents there are a little less expensive. In Cheverly the median rent is $1,336 per month, which works out to $364 (27%) lower than Fairmount Heights.
Capitol Heights
Capitol Heights is roughly 1 mile south of Fairmount Heights. The housing prices there are similar. The price of the median home in Capitol Heights is $226,200, which is $5,600 (2%) lower than Fairmount Heights. Rents there are somewhat less expensive. Capitol Heights's median monthly rent is $1,320, which comes out to $380 (28%) lower than Fairmount Heights.
Landover
Landover is approximately 2 miles northeast from Fairmount Heights. Housing prices there are a bit less expensive. The median home in Landover is valued at $207,400, which is $24,400 (11%) lower than Fairmount Heights. Rents there are somewhat less expensive. In Landover the median rent is $1,393 a month, which comes out to $307 (22%) lower than Fairmount Heights.