Home prices
The median home in Elverson is valued at $277,500. This is roughly $96,160 (53%) higher in comparison to its surrounding areas.It is roughly $60,000 (27%) higher compared to the rest of the nation, and is roughly $114,500 (70%) higher compared to the city of Philadelphia.
Rents
Elverson's median rent is $823 a month. It is roughly $87 (9%) lower compared to the surrounding areas.In comparison to the United States as a whole it is roughly $239 (22%) lower, and in comparison to the city of Philadelphia is roughly $219 (21%) lower.
Nearby places
Morgantown
Morgantown is about 2 miles west of Elverson. Its real estate prices are substantially less expensive. The median home price in Morgantown is $206,600, which works out to $70,900 (34%) lower than Elverson. The rent there is pretty similar. Morgantown's median monthly rent is $791, which comes out to $32 (4%) lower than Elverson.
Honey Brook
Honey Brook is approximately 5 miles southwest of Elverson. Real estate prices there are somewhat less expensive. The median home in Honey Brook costs $213,900, which is $63,600 (29%) lower than Elverson. Its rents are somewhat more expensive. In Honey Brook the median rent is $988 a month, which is $165 (16%) higher than Elverson.
Birdsboro
Birdsboro is about 7 miles north from Elverson. Housing prices there are substantially less expensive. Birdsboro's median home value is $163,400, which works out to $114,100 (69%) lower than Elverson. Rents there are a little more expensive. Birdsboro's median monthly rent is $900, which comes out to $77 (8%) higher than Elverson.
Goodville
Goodville is approximately 8 miles west from Elverson. Real estate prices there are a lot less expensive. The median home in Goodville is valued at $209,100, which is $68,400 (32%) lower than Elverson. Rents there are a little more expensive. Goodville's median rent is $1,011 per month, which is $188 (18%) higher than Elverson.
Baumstown
Baumstown is roughly 8 miles north from Elverson. Its housing prices are significantly less expensive. Baumstown's median home value is $113,700, which works out to $163,800 (144%) lower than Elverson. Its rents are similar. Baumstown's median monthly rent is $858, which works out to $35 (4%) higher than Elverson.