Similar to nearby areas, it's significantly less expensive compared to the rest of the nation. It's a lot less expensive compared to the city of Columbus.
Home prices
Mount Gilead's median home cost is $101,300. This is roughly $2,000 (1%) lower compared to other places in this area.It is about $116,200 (53%) lower in comparison to the nation as a whole, and compared to the city of Columbus is about $50,300 (33%) lower.
Rents
In Mount Gilead the median rent is $591 per month. In comparison to other places in this area this is about $196 (24%) lower.It is approximately $471 (44%) lower in comparison to the country as a whole, and it is about $370 (38%) lower compared to the city of Columbus.
Nearby places
Edison
Edison is Mount Gilead's neighbor to the west. Its real estate prices are a little less expensive. Edison's median home cost is $86,400, which is $14,900 (17%) lower than Mount Gilead. The rent there is somewhat more expensive. In Edison the median monthly rent is $796, which comes out to $205 (25%) higher than Mount Gilead.
Cardington
Cardington is roughly 4 miles southwest from Mount Gilead. Its real estate prices are fairly similar. The median home price in Cardington is $96,500, which is $4,800 (4%) lower than Mount Gilead. The rent there is a bit more expensive. Cardington's median rent is $740 a month, which comes out to $149 (20%) higher than Mount Gilead.
Fulton
Fulton is approximately 6 miles south of Mount Gilead. Real estate prices there are a bit more expensive. Fulton's median home value is $118,800, which is $17,500 (14%) higher than Mount Gilead. Rent there is somewhat more expensive. In Fulton the median rent is $731 a month, which works out to $140 (19%) higher than Mount Gilead.
Caledonia
Caledonia is approximately 8 miles northwest of Mount Gilead. Housing prices there are somewhat less expensive. Caledonia's median home price is $94,500, which works out to $6,800 (7%) lower than Mount Gilead. Rents there are a lot more expensive. In Caledonia the median rent is $994 per month, which is $403 (40%) higher than Mount Gilead.
Marengo
Marengo is approximately 10 miles south of Mount Gilead. Its housing prices are somewhat more expensive. The median home in Marengo is valued at $120,300, which comes out to $19,000 (15%) higher than Mount Gilead. Rents there are a little more expensive. The median rent in Marengo is $675 per month, which works out to $84 (12%) higher than Mount Gilead.
