Home prices
The median home value in Elmore is $117,300. It is approximately $12,100 (11%) higher compared to other places in this area.In comparison to the country as a whole it is approximately $100,200 (46%) lower, and compared to the city of Detroit is approximately $68,100 (138%) higher.
Rents
The median rent in Elmore is $633 per month. This is approximately $85 (11%) lower compared to its nearby areas.Compared to the country as a whole it is approximately $429 (40%) lower, and compared to the city of Detroit it is approximately $191 (23%) lower.
Nearby places
Woodville
Woodville is approximately 3 miles west from Elmore. Real estate prices there are a bit more expensive. The median home in Woodville is valued at $129,200, which works out to $11,900 (9%) higher than Elmore. Rents there are a bit more expensive. Woodville's median rent is $686 a month, which comes out to $53 (7%) higher than Elmore.
Lindsey
Lindsey is about 4 miles southeast from Elmore. Real estate prices there are a bit less expensive. The median home in Lindsey is valued at $104,000, which is $13,300 (12%) lower than Elmore. Rent there is a bit more expensive. Lindsey's median rent is $817 a month, which is $184 (22%) higher than Elmore.
Genoa
Genoa is approximately 4 miles northwest from Elmore. The real estate prices there are somewhat less expensive. The cost of the median home in Genoa is $109,700, which comes out to $7,600 (6%) lower than Elmore. Rent there is somewhat more expensive. The median rent in Genoa is $740 per month, which comes out to $107 (14%) higher than Elmore.
Rocky Ridge
Rocky Ridge is approximately 5 miles northeast from Elmore. Real estate prices there are significantly less expensive. The median home in Rocky Ridge costs $86,900, which is $30,400 (34%) lower than Elmore. The rent there is similar. In Rocky Ridge the median rent is $618 per month, which works out to $15 (2%) lower than Elmore.
Gibsonburg
Gibsonburg is roughly 5 miles south from Elmore. The real estate prices there are a bit less expensive. The median home in Gibsonburg costs $96,200, which is $21,100 (21%) lower than Elmore. Rents there are a bit more expensive. The median rent in Gibsonburg is $727 a month, which comes out to $94 (12%) higher than Elmore.
