Home prices
The median home in Pelham is valued at $691,800. It is approximately $132,180 (16%) lower compared to its nearby areas.It is approximately $474,300 (218%) higher compared to the rest of the country, and is about $85,800 (14%) higher compared to the city of New York.
Rents
In Pelham the median monthly rent is $1,817. This is about $178 (8%) lower in comparison to its nearby areas.It is about $755 (71%) higher in comparison to the US as a whole, and it is roughly $374 (25%) higher compared to the city of New York.
Nearby places
Mount Vernon
Mount Vernon is Pelham's neighbor to the west. Its real estate prices are significantly less expensive. The median home value in Mount Vernon is $362,200, which works out to $329,600 (90%) lower than Pelham. The rent there is a lot less expensive. The median monthly rent in Mount Vernon is $1,363, which is $454 (33%) lower than Pelham.
Pelham Manor
Pelham Manor is Pelham's neighbor to the south. Its housing prices are a bit more expensive. The median home value in Pelham Manor is $893,200, which is $201,400 (22%) higher than Pelham. Its rents are somewhat more expensive. In Pelham Manor the median rent is $2,417 a month, which comes out to $600 (24%) higher than Pelham.
New Rochelle
New Rochelle is Pelham's neighbor to the northeast. Its real estate prices are a bit less expensive. The value of the median home in New Rochelle is $575,300, which is $116,500 (20%) lower than Pelham. Rent there is a bit less expensive. The median rent in New Rochelle is $1,534 per month, which works out to $283 (18%) lower than Pelham.
Bronxville
Bronxville is roughly 2 miles northwest of Pelham. Its housing prices are a lot more expensive. Bronxville's median home value is $1,140,300, which comes out to $448,500 (39%) higher than Pelham. The rent there is significantly more expensive. In Bronxville the median rent is $2,773 a month, which works out to $956 (34%) higher than Pelham.
Larchmont
Larchmont is roughly 2 miles east from Pelham. Real estate prices there are a lot more expensive. The price of the median home in Larchmont is $1,148,900, which works out to $457,100 (39%) higher than Pelham. Rent there is similar. Larchmont's median monthly rent is $1,886, which works out to $69 (3%) higher than Pelham.
