Much like the surrounding areas, it is significantly less expensive compared to the nation as a whole. However compared to the city of Pittsburgh, it's a bit less expensive.
Home prices
The cost of the median home in Carmichaels is $97,800. Compared to its surrounding areas it is is very similar.It is roughly $119,700 (55%) lower compared to the rest of the country, and in comparison to the city of Pittsburgh is roughly $27,200 (21%) lower.
Rents
In Carmichaels the median monthly rent is $613. This is approximately $88 (12%) lower in comparison to its nearby areas.Compared to the entire nation it is approximately $449 (42%) lower, and is about $345 (36%) lower in comparison to the city of Pittsburgh.
Nearby places
Fairdale
Fairdale is Carmichaels's neighbor to the southeast. Its housing prices are a bit more expensive. The median home in Fairdale costs $118,300, which comes out to $20,500 (17%) higher than Carmichaels. Its rents are significantly less expensive. Fairdale's median rent is $392 a month, which works out to $221 (56%) lower than Carmichaels.
Rices Landing
Rices Landing is about 3 miles north of Carmichaels. Housing prices there are pretty similar. The value of the median home in Rices Landing is $101,300, which works out to $3,500 (3%) higher than Carmichaels. Rents there are pretty similar. In Rices Landing the median monthly rent is $619, which is very similar to Carmichaels.
Jefferson
Jefferson is about 4 miles northwest from Carmichaels. Housing prices there are somewhat more expensive. Jefferson's median home price is $109,400, which is $11,600 (10%) higher than Carmichaels. Rents there are somewhat more expensive. In Jefferson the median rent is $764 per month, which is $151 (19%) higher than Carmichaels.
Masontown
Masontown is roughly 4 miles southeast from Carmichaels. Real estate prices there are a bit less expensive. The cost of the median home in Masontown is $89,000, which is $8,800 (9%) lower than Carmichaels. Rent there is a little more expensive. Masontown's median monthly rent is $708, which works out to $95 (13%) higher than Carmichaels.
Millsboro
Millsboro is approximately 6 miles north from Carmichaels. Its real estate prices are substantially less expensive. The median home in Millsboro is valued at $69,200, which comes out to $28,600 (41%) lower than Carmichaels. Its rents are substantially more expensive. In Millsboro the median monthly rent is $1,024, which is $411 (40%) higher than Carmichaels.
