Similar to its surrounding areas, it is a lot less expensive compared to the United States as a whole. Compared to the city of Charlotte, it is a lot less expensive.
Home prices
The median home in Siler City costs $106,000. It is about $3,420 (3%) lower in comparison to the surrounding areas.In comparison to the entire nation it is about $111,500 (51%) lower, and compared to the city of Charlotte is approximately $114,300 (51%) lower.
Rents
The median rent in Siler City is $634 a month. Compared to its nearby areas it is approximately $106 (14%) lower.In comparison to the nation as a whole it is approximately $428 (40%) lower, and it is approximately $501 (44%) lower in comparison to the city of Charlotte.
Nearby places
Staley
Staley is roughly 7 miles northwest from Siler City. Housing prices there are a little more expensive. Staley's median home price is $118,300, which works out to $12,300 (10%) higher than Siler City. Rent there is somewhat more expensive. The median rent in Staley is $757 a month, which works out to $123 (16%) higher than Siler City.
Ramseur
Ramseur is about 9 miles west of Siler City. Housing prices there are fairly similar. The median home in Ramseur costs $101,000, which works out to $5,000 (4%) lower than Siler City. Rents there are similar. The median rent in Ramseur is $614 per month, which comes out to $20 (3%) lower than Siler City.
Liberty
Liberty is approximately 10 miles northwest from Siler City. Its real estate prices are fairly similar. Liberty's median home value is $110,500, which is $4,500 (4%) higher than Siler City. The rent there is a little more expensive. The median rent in Liberty is $669 per month, which works out to $35 (5%) higher than Siler City.
Goldston
Goldston is about 11 miles southeast from Siler City. Real estate prices there are a lot more expensive. The price of the median home in Goldston is $158,100, which comes out to $52,100 (32%) higher than Siler City. The rent there is somewhat more expensive. Goldston's median rent is $840 a month, which is $206 (24%) higher than Siler City.
Franklinville
Franklinville is about 11 miles west of Siler City. The real estate prices there are significantly less expensive. The median home cost in Franklinville is $59,200, which works out to $46,800 (79%) lower than Siler City. Its rents are a little more expensive. The median rent in Franklinville is $819 per month, which works out to $185 (22%) higher than Siler City.
