Home prices
The median home in Sylva costs $144,400. This is about $73,240 (33%) lower in comparison to nearby areas.It is approximately $73,100 (33%) lower in comparison to the entire nation, and compared to the city of Knoxville is roughly $8,100 (5%) higher.
Rents
Sylva's median monthly rent is $697. Compared to other places in this area this is about $28 (4%) higher.It is roughly $365 (34%) lower compared to the country as a whole, and in comparison to the city of Knoxville is roughly $148 (17%) lower.
Nearby places
Dillsboro
Dillsboro is Sylva's neighbor to the west. The housing prices there are a little more expensive. The median home in Dillsboro is valued at $182,400, which works out to $38,000 (20%) higher than Sylva. The rent there is fairly similar. Dillsboro's median rent is $730 a month, which is $33 (4%) higher than Sylva.
Webster
Webster is roughly 1 mile south of Sylva. Its housing prices are substantially more expensive. The median home in Webster costs $300,000, which works out to $155,600 (51%) higher than Sylva. Its rents are pretty similar. The median rent in Webster is $675 a month, which is $22 (3%) lower than Sylva.
Cullowhee
Cullowhee is about 5 miles south of Sylva. Real estate prices there are a lot more expensive. The median home in Cullowhee is valued at $230,300, which is $85,900 (37%) higher than Sylva. Rents there are somewhat less expensive. In Cullowhee the median monthly rent is $658, which is $39 (5%) lower than Sylva.
Forest Hills
Forest Hills is approximately 5 miles south from Sylva. Real estate prices there are a lot more expensive. The median home cost in Forest Hills is $246,600, which works out to $102,200 (41%) higher than Sylva. Rents there are a bit more expensive. Forest Hills's median monthly rent is $770, which comes out to $73 (9%) higher than Sylva.
Cherokee
Cherokee is approximately 8 miles northwest of Sylva. The housing prices there are somewhat less expensive. The median home in Cherokee is valued at $128,900, which is $15,500 (12%) lower than Sylva. Rents there are substantially less expensive. In Cherokee the median monthly rent is $514, which is $183 (35%) lower than Sylva.