Similar to the surrounding areas, it's a lot less expensive compared to the rest of the nation. Compared to the city of Raleigh, it is significantly less expensive.
Home prices
Sanford's median home value is $142,200. In comparison to its nearby areas it is roughly $3,960 (2%) higher.It is roughly $75,300 (34%) lower compared to the country as a whole, and it is about $106,100 (42%) lower in comparison to the city of Raleigh.
Rents
Sanford's median monthly rent is $753. This is roughly $60 (7%) lower compared to its surrounding areas.In comparison to the country as a whole it is approximately $309 (29%) lower, and it is roughly $368 (32%) lower in comparison to the city of Raleigh.
Nearby places
Broadway
Broadway is roughly 6 miles east from Sanford. The real estate prices there are similar. Broadway's median home price is $144,800, which comes out to $2,600 (1%) higher than Sanford. Rents there are similar. In Broadway the median monthly rent is $728, which works out to $25 (3%) lower than Sanford.
Goldston
Goldston is approximately 10 miles northwest from Sanford. The housing prices there are a little more expensive. The cost of the median home in Goldston is $158,100, which comes out to $15,900 (10%) higher than Sanford. Its rents are a little more expensive. Goldston's median monthly rent is $840, which is $87 (10%) higher than Sanford.
Moncure
Moncure is approximately 10 miles northeast of Sanford. The real estate prices there are a lot less expensive. The cost of the median home in Moncure is $95,600, which works out to $46,600 (48%) lower than Sanford. Rent there is a little more expensive. In Moncure the median rent is $1,008 a month, which comes out to $255 (25%) higher than Sanford.
Cameron
Cameron is approximately 12 miles south from Sanford. The housing prices there are a bit less expensive. The median home in Cameron is valued at $118,800, which is $23,400 (19%) lower than Sanford. The rent there is similar. In Cameron the median monthly rent is $763, which is $10 (1%) higher than Sanford.
Carthage
Carthage is roughly 16 miles southwest from Sanford. The real estate prices there are a little more expensive. The price of the median home in Carthage is $173,900, which comes out to $31,700 (18%) higher than Sanford. Its rents are similar. Carthage's median rent is $727 per month, which comes out to $26 (3%) lower than Sanford.