Home prices
The price of the median home in Homestead is $61,700. In comparison to nearby areas this is approximately $48,740 (44%) lower.In comparison to the nation as a whole it is approximately $155,800 (71%) lower, and it is approximately $92,900 (60%) lower compared to the city of Kansas City.
Rents
In Homestead the median rent is $825 a month. It is about $35 (4%) lower compared to its surrounding areas.Compared to the rest of the nation it is about $237 (22%) lower, and is about $116 (12%) lower compared to the city of Kansas City.
Nearby places
Crystal Lakes
Crystal Lakes is Homestead's neighbor to the east. Housing prices there are a lot more expensive. The median home in Crystal Lakes costs $116,000, which comes out to $54,300 (46%) higher than Homestead. Its rents are similar. Crystal Lakes's median monthly rent is $820, which is very similar to Homestead.
Excelsior Estates
Excelsior Estates is roughly 1 mile north from Homestead. The housing prices there are a lot less expensive. The median home in Excelsior Estates costs $31,600, which is $30,100 (95%) lower than Homestead. Its rents are a bit more expensive. Excelsior Estates's median monthly rent is $920, which works out to $95 (10%) higher than Homestead.
Wood Heights
Wood Heights is about 2 miles southeast from Homestead. The housing prices there are a lot more expensive. The value of the median home in Wood Heights is $126,300, which works out to $64,600 (51%) higher than Homestead. Rent there is a bit more expensive. The median monthly rent in Wood Heights is $930, which is $105 (11%) higher than Homestead.
Excelsior Springs
Excelsior Springs is roughly 2 miles southwest of Homestead. Real estate prices there are a lot more expensive. Excelsior Springs's median home cost is $135,400, which is $73,700 (54%) higher than Homestead. Rents there are a bit less expensive. In Excelsior Springs the median rent is $685 per month, which is $140 (20%) lower than Homestead.
Prathersville
Prathersville is approximately 4 miles southwest of Homestead. The housing prices there are a lot more expensive. The median home in Prathersville costs $142,900, which works out to $81,200 (56%) higher than Homestead. Its rents are a little more expensive. The median monthly rent in Prathersville is $943, which comes out to $118 (12%) higher than Homestead.