Home prices
The median home price in Hallowell is $192,000. It is about $38,540 (25%) higher compared to other places in this area.In comparison to the country as a whole it is approximately $25,500 (11%) lower, and compared to the city of Portland is approximately $97,000 (33%) lower.
Rents
The median monthly rent in Hallowell is $863. This is approximately $140 (19%) higher in comparison to other places in this area.Compared to the United States as a whole it is approximately $199 (18%) lower, and in comparison to the city of Portland is about $261 (23%) lower.
Nearby places
Farmingdale
Farmingdale is Hallowell's neighbor to the southeast. Housing prices there are a bit less expensive. The median home in Farmingdale is valued at $158,000, which is $34,000 (21%) lower than Hallowell. Rents there are a bit less expensive. The median monthly rent in Farmingdale is $759, which comes out to $104 (13%) lower than Hallowell.
Augusta
Augusta is Hallowell's neighbor to the northeast. The real estate prices there are significantly less expensive. Augusta's median home price is $144,800, which is $47,200 (32%) lower than Hallowell. Rents there are somewhat less expensive. In Augusta the median rent is $721 a month, which works out to $142 (19%) lower than Hallowell.
Randolph
Randolph is about 4 miles southeast of Hallowell. Its housing prices are significantly less expensive. The median home price in Randolph is $127,700, which is $64,300 (50%) lower than Hallowell. Rents there are substantially less expensive. In Randolph the median monthly rent is $648, which works out to $215 (33%) lower than Hallowell.
Gardiner
Gardiner is approximately 6 miles south of Hallowell. The real estate prices there are a lot less expensive. The median home cost in Gardiner is $140,700, which comes out to $51,300 (36%) lower than Hallowell. The rent there is a little less expensive. The median monthly rent in Gardiner is $733, which is $130 (17%) lower than Hallowell.
Winthrop
Winthrop is about 6 miles west from Hallowell. The housing prices there are fairly similar. The median home cost in Winthrop is $196,100, which is $4,100 (2%) higher than Hallowell. The rent there is a little less expensive. The median rent in Winthrop is $752 a month, which is $111 (14%) lower than Hallowell.