Similar to its surrounding areas, it is somewhat less expensive compared to the country as a whole. Compared to the city of New York however, it is substantially less expensive.
Home prices
The median home cost in Absecon is $191,300. In comparison to nearby areas it is about $7,940 (4%) higher.Compared to the US as a whole it is approximately $26,200 (12%) lower, and compared to the city of New York it is about $414,700 (68%) lower.
Rents
The median monthly rent in Absecon is $1,402. This is about $263 (23%) higher in comparison to its nearby areas.It is about $340 (32%) higher compared to the country as a whole, and is roughly $41 (2%) lower compared to the city of New York.
Nearby places
Pleasantville
Pleasantville is Absecon's neighbor to the southwest. Housing prices there are substantially less expensive. Pleasantville's median home cost is $131,800, which is $59,500 (45%) lower than Absecon. The rent there is a bit less expensive. The median rent in Pleasantville is $1,159 a month, which works out to $243 (20%) lower than Absecon.
Atlantic City
Atlantic City is Absecon's neighbor to the southeast. Its real estate prices are a bit less expensive. The cost of the median home in Atlantic City is $156,700, which works out to $34,600 (22%) lower than Absecon. Rents there are a lot less expensive. Atlantic City's median rent is $904 a month, which is $498 (55%) lower than Absecon.
Pomona
Pomona is about 4 miles northwest from Absecon. Its real estate prices are somewhat more expensive. Pomona's median home value is $202,400, which is $11,100 (5%) higher than Absecon. Rent there is substantially less expensive. In Pomona the median monthly rent is $712, which works out to $690 (96%) lower than Absecon.
Northfield
Northfield is roughly 4 miles southwest of Absecon. Housing prices there are somewhat more expensive. The median home price in Northfield is $223,100, which works out to $31,800 (14%) higher than Absecon. The rent there is a little more expensive. In Northfield the median rent is $1,720 a month, which is $318 (18%) higher than Absecon.
Smithville
Smithville is roughly 4 miles north of Absecon. Its real estate prices are somewhat more expensive. The median home in Smithville costs $202,800, which is $11,500 (5%) higher than Absecon. Rent there is a little less expensive. Smithville's median monthly rent is $1,198, which comes out to $204 (17%) lower than Absecon.
