Similar to its surrounding areas, it's a bit less expensive compared to the rest of the country. However it's a little more expensive compared to the city of Philadelphia.
Home prices
The median home in Elmer costs $192,200. Compared to other places in this area it is is very similar.It is about $25,300 (11%) lower compared to the US as a whole, and in comparison to the city of Philadelphia is approximately $29,200 (17%) higher.
Rents
The median rent in Elmer is $1,296 a month. In comparison to nearby areas it is roughly $186 (16%) higher.It is about $234 (22%) higher in comparison to the US as a whole, and it is roughly $254 (24%) higher in comparison to the city of Philadelphia.
Nearby places
Seabrook Farms
Seabrook Farms is about 6 miles south of Elmer. Its real estate prices are somewhat less expensive. The price of the median home in Seabrook Farms is $159,700, which works out to $32,500 (20%) lower than Elmer. Rent there is substantially less expensive. The median monthly rent in Seabrook Farms is $897, which is $399 (44%) lower than Elmer.
Clayton
Clayton is about 6 miles northeast from Elmer. Housing prices there are fairly similar. The median home in Clayton costs $197,600, which works out to $5,400 (2%) higher than Elmer. Rents there are a little less expensive. In Clayton the median rent is $1,033 a month, which comes out to $263 (25%) lower than Elmer.
Newfield
Newfield is approximately 7 miles east from Elmer. The housing prices there are fairly similar. The median home in Newfield is valued at $190,100, which is $2,100 (1%) lower than Elmer. Rent there is a bit more expensive. Newfield's median monthly rent is $1,563, which works out to $267 (17%) higher than Elmer.
Rosenhayn
Rosenhayn is approximately 7 miles south of Elmer. Its real estate prices are a little less expensive. The value of the median home in Rosenhayn is $168,300, which is $23,900 (14%) lower than Elmer. Its rents are a bit less expensive. The median rent in Rosenhayn is $1,071 per month, which works out to $225 (21%) lower than Elmer.
Woodstown
Woodstown is roughly 7 miles northwest from Elmer. The real estate prices there are a bit more expensive. The median home in Woodstown is valued at $251,400, which comes out to $59,200 (23%) higher than Elmer. Rent there is somewhat less expensive. In Woodstown the median monthly rent is $984, which comes out to $312 (31%) lower than Elmer.
