Similar to nearby areas, it is substantially more expensive compared to the rest of the country. Compared to the city of Philadelphia, it's significantly more expensive.
Home prices
The cost of the median home in Lionville is $327,400. This is roughly $8,900 (2%) lower in comparison to the surrounding areas.Compared to the rest of the country it is roughly $109,900 (50%) higher, and compared to the city of Philadelphia it is approximately $164,400 (100%) higher.
Rents
The median rent in Lionville is $1,475 a month. It is about $123 (7%) lower in comparison to its surrounding areas.It is about $413 (38%) higher compared to the United States as a whole, and compared to the city of Philadelphia it is approximately $433 (41%) higher.
Nearby places
Exton
Exton is Lionville's neighbor to the southeast. Housing prices there are somewhat more expensive. Exton's median home price is $365,800, which works out to $38,400 (10%) higher than Lionville. Its rents are somewhat more expensive. The median rent in Exton is $1,641 a month, which comes out to $166 (10%) higher than Lionville.
Eagleview
Eagleview is Lionville's neighbor to the west. Real estate prices there are a little more expensive. The median home value in Eagleview is $466,200, which works out to $138,800 (29%) higher than Lionville. Rent there is a bit more expensive. In Eagleview the median rent is $1,925 a month, which is $450 (23%) higher than Lionville.
Downingtown
Downingtown is approximately 4 miles southwest of Lionville. The housing prices there are substantially less expensive. The median home in Downingtown is valued at $242,700, which is $84,700 (34%) lower than Lionville. The rent there is a bit less expensive. Downingtown's median monthly rent is $1,194, which works out to $281 (23%) lower than Lionville.
Malvern
Malvern is about 6 miles east from Lionville. The real estate prices there are somewhat more expensive. The median home cost in Malvern is $369,400, which works out to $42,000 (11%) higher than Lionville. The rent there is a little more expensive. The median monthly rent in Malvern is $1,688, which works out to $213 (12%) higher than Lionville.
Thorndale
Thorndale is roughly 6 miles southwest of Lionville. The real estate prices there are substantially less expensive. The median home in Thorndale is valued at $237,400, which works out to $90,000 (37%) lower than Lionville. Rents there are fairly similar. Thorndale's median monthly rent is $1,544, which is $69 (4%) higher than Lionville.
