Home prices
The median home in Mechanicstown is valued at $209,800. This is roughly $19,860 (8%) lower compared to other places in this area.In comparison to the entire country it is about $7,700 (3%) lower, and in comparison to the city of New York is about $396,200 (65%) lower.
Rents
In Mechanicstown the median rent is $1,283 per month. It is is very similar compared to other places in this area.It is about $221 (20%) higher in comparison to the entire country, and is roughly $160 (11%) lower compared to the city of New York.
Nearby places
Middletown
Middletown is Mechanicstown's neighbor to the west. Housing prices there are a bit less expensive. Middletown's median home value is $182,000, which is $27,800 (15%) lower than Mechanicstown. Rents there are fairly similar. Middletown's median monthly rent is $1,230, which is $53 (4%) lower than Mechanicstown.
Washington Heights
Washington Heights is Mechanicstown's neighbor to the northwest. The housing prices there are a bit more expensive. Washington Heights's median home value is $227,300, which works out to $17,500 (7%) higher than Mechanicstown. Rent there is a little more expensive. Washington Heights's median rent is $1,611 per month, which works out to $328 (20%) higher than Mechanicstown.
Scotchtown
Scotchtown is Mechanicstown's neighbor to the northeast. Its real estate prices are a little more expensive. The cost of the median home in Scotchtown is $248,900, which is $39,100 (15%) higher than Mechanicstown. Rent there is fairly similar. In Scotchtown the median rent is $1,309 per month, which comes out to $26 (1%) higher than Mechanicstown.
Goshen
Goshen is approximately 4 miles southeast from Mechanicstown. Real estate prices there are a little more expensive. The median home in Goshen costs $305,600, which comes out to $95,800 (31%) higher than Mechanicstown. Rent there is pretty similar. Goshen's median rent is $1,289 a month, which is very similar to Mechanicstown.
Otisville
Otisville is roughly 6 miles west from Mechanicstown. The housing prices there are a bit less expensive. The median home cost in Otisville is $184,500, which is $25,300 (13%) lower than Mechanicstown. The rent there is a bit less expensive. In Otisville the median monthly rent is $1,016, which works out to $267 (26%) lower than Mechanicstown.