Home prices
The median home price in Alamance is $314,700. This is about $138,840 (78%) higher compared to nearby areas.It is approximately $97,200 (44%) higher compared to the entire nation, and is roughly $66,400 (26%) higher compared to the city of Raleigh.
Rents
In Alamance the median rent is $900 a month. This is roughly $12 (1%) higher compared to the surrounding areas.It is approximately $162 (15%) lower in comparison to the United States as a whole, and compared to the city of Raleigh is roughly $221 (19%) lower.
Nearby places
Burlington
Burlington is roughly 3 miles north of Alamance. Its housing prices are significantly less expensive. Burlington's median home price is $134,100, which works out to $180,600 (134%) lower than Alamance. Rents there are a little less expensive. In Burlington the median monthly rent is $816, which works out to $84 (10%) lower than Alamance.
Elon
Elon is about 5 miles north of Alamance. The housing prices there are a little less expensive. The median home in Elon is valued at $253,500, which works out to $61,200 (24%) lower than Alamance. The rent there is a little more expensive. In Elon the median rent is $1,287 a month, which is $387 (30%) higher than Alamance.
Graham
Graham is roughly 5 miles northeast from Alamance. Its housing prices are significantly less expensive. The median home in Graham costs $133,800, which is $180,900 (135%) lower than Alamance. Its rents are a bit less expensive. The median rent in Graham is $747 a month, which works out to $153 (20%) lower than Alamance.
Whitsett
Whitsett is roughly 5 miles northwest from Alamance. Housing prices there are significantly less expensive. The median home in Whitsett costs $183,900, which comes out to $130,800 (71%) lower than Alamance. Rents there are a little less expensive. Whitsett's median rent is $783 per month, which comes out to $117 (14%) lower than Alamance.
Gibsonville
Gibsonville is about 5 miles northwest of Alamance. The real estate prices there are a lot less expensive. Gibsonville's median home value is $174,000, which works out to $140,700 (80%) lower than Alamance. Its rents are somewhat less expensive. In Gibsonville the median rent is $807 per month, which is $93 (11%) lower than Alamance.
