Much like nearby areas, it is significantly less expensive compared to the country as a whole. Compared to the city of Detroit however, it is significantly more expensive.
Home prices
The value of the median home in Metamora is $118,900. In comparison to nearby areas it is roughly $2,540 (2%) higher.Compared to the United States as a whole it is about $98,600 (45%) lower, and it is about $69,700 (141%) higher compared to the city of Detroit.
Rents
The median rent in Metamora is $832 a month. Compared to its surrounding areas this is about $30 (3%) lower.Compared to the US as a whole it is roughly $230 (21%) lower, and is is very similar compared to the city of Detroit.
Nearby places
Berkey
Berkey is about 2 miles east from Metamora. The real estate prices there are somewhat more expensive. The median home price in Berkey is $149,300, which is $30,400 (20%) higher than Metamora. Rent there is a little more expensive. The median rent in Berkey is $933 per month, which works out to $101 (10%) higher than Metamora.
Lyons
Lyons is roughly 7 miles west of Metamora. Housing prices there are somewhat less expensive. Lyons's median home value is $98,800, which comes out to $20,100 (20%) lower than Metamora. The rent there is a bit less expensive. Lyons's median monthly rent is $713, which is $119 (16%) lower than Metamora.
Jasper
Jasper is roughly 7 miles northwest of Metamora. The housing prices there are significantly less expensive. The value of the median home in Jasper is $85,000, which comes out to $33,900 (39%) lower than Metamora. Its rents are a bit more expensive. In Jasper the median monthly rent is $1,029, which is $197 (19%) higher than Metamora.
Blissfield
Blissfield is roughly 8 miles north from Metamora. Housing prices there are pretty similar. The value of the median home in Blissfield is $119,800, which is very similar to Metamora. The rent there is similar. The median rent in Blissfield is $805 a month, which is $27 (3%) lower than Metamora.
Swanton
Swanton is approximately 8 miles south from Metamora. Housing prices there are a little more expensive. The median home value in Swanton is $128,900, which is $10,000 (7%) higher than Metamora. Rents there are fairly similar. In Swanton the median rent is $828 a month, which is very similar to Metamora.