Home prices
The median home in Bessemer costs $95,800. Compared to the surrounding areas this is about $10,680 (12%) higher.It is about $121,700 (55%) lower compared to the country as a whole, and compared to the city of Cleveland it is roughly $26,200 (37%) higher.
Rents
In Bessemer the median monthly rent is $679. Compared to the surrounding areas it is approximately $41 (6%) higher.It is approximately $383 (36%) lower compared to the rest of the nation, and in comparison to the city of Cleveland is roughly $40 (5%) lower.
Nearby places
New Middletown
New Middletown is roughly 3 miles west of Bessemer. Housing prices there are a little more expensive. New Middletown's median home value is $117,100, which is $21,300 (18%) higher than Bessemer. Rent there is a bit less expensive. New Middletown's median monthly rent is $582, which is $97 (16%) lower than Bessemer.
Lowellville
Lowellville is approximately 4 miles northwest from Bessemer. Its housing prices are somewhat less expensive. Lowellville's median home cost is $77,500, which comes out to $18,300 (23%) lower than Bessemer. Rent there is somewhat less expensive. In Lowellville the median rent is $588 a month, which comes out to $91 (15%) lower than Bessemer.
Oakwood
Oakwood is about 5 miles northeast from Bessemer. Its real estate prices are a little less expensive. Oakwood's median home cost is $85,700, which is $10,100 (11%) lower than Bessemer. The rent there is a bit more expensive. The median monthly rent in Oakwood is $778, which is $99 (12%) higher than Bessemer.
South New Castle
South New Castle is about 6 miles east of Bessemer. The real estate prices there are substantially less expensive. South New Castle's median home cost is $71,300, which comes out to $24,500 (34%) lower than Bessemer. The rent there is fairly similar. In South New Castle the median monthly rent is $692, which comes out to $13 (1%) higher than Bessemer.
West Pittsburg
West Pittsburg is approximately 6 miles southeast from Bessemer. Housing prices there are somewhat less expensive. The value of the median home in West Pittsburg is $74,000, which comes out to $21,800 (29%) lower than Bessemer. The rent there is a bit less expensive. The median rent in West Pittsburg is $548 a month, which is $131 (23%) lower than Bessemer.