Home prices
The median home price in Severn is $98,900. In comparison to the surrounding areas it is approximately $14,960 (13%) lower.It is about $118,600 (54%) lower in comparison to the United States as a whole, and it is roughly $181,900 (64%) lower compared to the city of Virginia Beach.
Rents
The median rent in Severn is $861 per month. In comparison to other places in this area this is roughly $131 (17%) higher.It is approximately $201 (18%) lower in comparison to the nation as a whole, and is about $506 (37%) lower compared to the city of Virginia Beach.
Nearby places
Boykins
Boykins is roughly 4 miles north of Severn. The real estate prices there are a little more expensive. Boykins's median home cost is $127,700, which is $28,800 (22%) higher than Severn. Rents there are somewhat less expensive. In Boykins the median monthly rent is $692, which comes out to $169 (24%) lower than Severn.
Conway
Conway is about 5 miles south from Severn. Real estate prices there are pretty similar. Conway's median home price is $99,100, which is very similar to Severn. Its rents are substantially less expensive. Conway's median monthly rent is $353, which works out to $508 (143%) lower than Severn.
Murfreesboro
Murfreesboro is approximately 6 miles southeast from Severn. The real estate prices there are somewhat more expensive. The median home in Murfreesboro is valued at $126,300, which works out to $27,400 (21%) higher than Severn. Rent there is a bit less expensive. The median monthly rent in Murfreesboro is $717, which comes out to $144 (20%) lower than Severn.
Newsoms
Newsoms is approximately 8 miles north of Severn. The real estate prices there are a bit more expensive. The median home in Newsoms costs $140,200, which is $41,300 (29%) higher than Severn. Rent there is somewhat more expensive. In Newsoms the median monthly rent is $938, which comes out to $77 (8%) higher than Severn.
Como
Como is about 8 miles east of Severn. Its real estate prices are a bit less expensive. The median home in Como is valued at $76,000, which is $22,900 (30%) lower than Severn. Its rents are a bit more expensive. In Como the median monthly rent is $950, which works out to $89 (9%) higher than Severn.