Much like other places in this area, it is significantly less expensive compared to the nation as a whole. Compared to the city of Buffalo however, it's a bit less expensive.
Home prices
The median home in Gowanda costs $80,000. This is roughly $3,020 (3%) lower in comparison to other places in this area.It is roughly $137,500 (63%) lower in comparison to the country as a whole, and in comparison to the city of Buffalo is approximately $9,800 (10%) lower.
Rents
In Gowanda the median monthly rent is $651. Compared to the surrounding areas this is roughly $27 (4%) higher.It is roughly $411 (38%) lower in comparison to the entire nation, and in comparison to the city of Buffalo is roughly $125 (16%) lower.
Nearby places
Perrysburg
Perrysburg is roughly 2 miles west from Gowanda. The real estate prices there are a bit more expensive. The median home in Perrysburg costs $101,300, which is $21,300 (21%) higher than Gowanda. The rent there is fairly similar. In Perrysburg the median rent is $671 a month, which is $20 (2%) higher than Gowanda.
South Dayton
South Dayton is about 8 miles southwest from Gowanda. Its real estate prices are a little less expensive. The cost of the median home in South Dayton is $61,500, which is $18,500 (30%) lower than Gowanda. Rent there is fairly similar. In South Dayton the median rent is $669 a month, which comes out to $18 (2%) higher than Gowanda.
North Collins
North Collins is about 8 miles north of Gowanda. Housing prices there are a bit more expensive. North Collins's median home value is $100,400, which is $20,400 (20%) higher than Gowanda. Rents there are pretty similar. In North Collins the median monthly rent is $623, which comes out to $28 (4%) lower than Gowanda.
Cattaraugus
Cattaraugus is roughly 9 miles south of Gowanda. Real estate prices there are somewhat less expensive. Cattaraugus's median home cost is $68,000, which works out to $12,000 (17%) lower than Gowanda. Rents there are a lot less expensive. In Cattaraugus the median monthly rent is $464, which is $187 (40%) lower than Gowanda.
Forestville
Forestville is roughly 10 miles west of Gowanda. Its real estate prices are fairly similar. The median home in Forestville costs $83,900, which comes out to $3,900 (4%) higher than Gowanda. Rents there are a bit more expensive. The median monthly rent in Forestville is $691, which works out to $40 (5%) higher than Gowanda.
