Home prices
The median home in Mechanicville costs $170,300. This is roughly $10,120 (5%) lower in comparison to its nearby areas.It is approximately $47,200 (21%) lower in comparison to the US as a whole, and compared to the city of Albany it is about $8,800 (4%) lower.
Rents
In Mechanicville the median monthly rent is $821. It is roughly $161 (16%) lower compared to the surrounding areas.It is roughly $241 (22%) lower in comparison to the rest of the country, and compared to the city of Albany it is approximately $148 (15%) lower.
Nearby places
Stillwater
Stillwater is about 3 miles northeast from Mechanicville. Real estate prices there are a bit more expensive. The median home in Stillwater is valued at $202,100, which works out to $31,800 (15%) higher than Mechanicville. The rent there is a little more expensive. Stillwater's median monthly rent is $1,004, which works out to $183 (18%) higher than Mechanicville.
Schaghticoke
Schaghticoke is about 4 miles east of Mechanicville. Its housing prices are pretty similar. The value of the median home in Schaghticoke is $165,600, which is $4,700 (2%) lower than Mechanicville. Its rents are somewhat more expensive. Schaghticoke's median monthly rent is $892, which works out to $71 (7%) higher than Mechanicville.
Round Lake
Round Lake is about 5 miles northwest from Mechanicville. Housing prices there are somewhat more expensive. Round Lake's median home value is $218,500, which works out to $48,200 (22%) higher than Mechanicville. Rents there are significantly more expensive. Round Lake's median rent is $1,294 per month, which works out to $473 (36%) higher than Mechanicville.
Valley Falls
Valley Falls is roughly 5 miles east from Mechanicville. The real estate prices there are a little less expensive. The median home in Valley Falls costs $155,200, which comes out to $15,100 (9%) lower than Mechanicville. Rents there are a bit more expensive. Valley Falls's median monthly rent is $910, which is $89 (9%) higher than Mechanicville.
Waterford
Waterford is about 7 miles south of Mechanicville. The housing prices there are a bit less expensive. The price of the median home in Waterford is $160,700, which is $9,600 (5%) lower than Mechanicville. Rent there is similar. Waterford's median rent is $808 a month, which works out to $13 (1%) lower than Mechanicville.
