Similar to its surrounding areas, it is significantly less expensive compared to the rest of the nation. Compared to the city of Albany, it is significantly less expensive.
Home prices
The median home in Sharon Springs costs $98,300. It is approximately $4,200 (4%) higher in comparison to other places in this area.In comparison to the US as a whole it is approximately $119,200 (54%) lower, and is about $80,800 (45%) lower compared to the city of Albany.
Rents
In Sharon Springs the median monthly rent is $746. This is approximately $60 (8%) higher compared to its surrounding areas.It is about $316 (29%) lower in comparison to the entire country, and in comparison to the city of Albany it is approximately $223 (23%) lower.
Nearby places
Cherry Valley
Cherry Valley is approximately 5 miles west of Sharon Springs. Its housing prices are substantially more expensive. The median home in Cherry Valley is valued at $159,400, which works out to $61,100 (38%) higher than Sharon Springs. Its rents are similar. The median rent in Cherry Valley is $747 per month, which is very similar to Sharon Springs.
Canajoharie
Canajoharie is approximately 7 miles north of Sharon Springs. Housing prices there are a bit less expensive. The value of the median home in Canajoharie is $88,100, which is $10,200 (11%) lower than Sharon Springs. Rent there is fairly similar. Canajoharie's median monthly rent is $716, which works out to $30 (4%) lower than Sharon Springs.
Palatine Bridge
Palatine Bridge is about 8 miles north of Sharon Springs. Its real estate prices are pretty similar. The price of the median home in Palatine Bridge is $93,900, which works out to $4,400 (4%) lower than Sharon Springs. Rent there is substantially less expensive. In Palatine Bridge the median monthly rent is $442, which is $304 (68%) lower than Sharon Springs.
Nelliston
Nelliston is about 9 miles north of Sharon Springs. Housing prices there are significantly less expensive. The median home cost in Nelliston is $67,300, which works out to $31,000 (46%) lower than Sharon Springs. Rents there are fairly similar. The median monthly rent in Nelliston is $736, which is $10 (1%) lower than Sharon Springs.
Fort Plain
Fort Plain is approximately 9 miles north of Sharon Springs. The housing prices there are significantly less expensive. The median home in Fort Plain is valued at $61,800, which comes out to $36,500 (59%) lower than Sharon Springs. Its rents are a bit more expensive. In Fort Plain the median rent is $790 a month, which comes out to $44 (5%) higher than Sharon Springs.