Much like its surrounding areas, it is somewhat less expensive compared to the nation as a whole. However compared to the city of New York, it is a lot less expensive.
Home prices
The median home in Mountainhome costs $161,600. Compared to nearby areas this is roughly $6,600 (3%) lower.It is roughly $55,900 (25%) lower compared to the rest of the country, and it is about $444,400 (73%) lower compared to the city of New York.
Rents
The median monthly rent in Mountainhome is $835. In comparison to other places in this area this is approximately $188 (18%) lower.In comparison to the rest of the country it is roughly $227 (21%) lower, and it is approximately $608 (42%) lower in comparison to the city of New York.
Nearby places
Mount Pocono
Mount Pocono is approximately 5 miles southwest of Mountainhome. Real estate prices there are a little less expensive. The median home price in Mount Pocono is $136,800, which comes out to $24,800 (18%) lower than Mountainhome. Rents there are pretty similar. Mount Pocono's median rent is $831 per month, which is very similar to Mountainhome.
Gouldsboro
Gouldsboro is about 9 miles northwest of Mountainhome. Housing prices there are similar. The median home in Gouldsboro is valued at $160,200, which is very similar to Mountainhome. Its rents are a little less expensive. The median rent in Gouldsboro is $788 a month, which works out to $47 (5%) lower than Mountainhome.
Emerald Lakes
Emerald Lakes is roughly 9 miles southwest from Mountainhome. Real estate prices there are fairly similar. The median home in Emerald Lakes is valued at $155,900, which comes out to $5,700 (3%) lower than Mountainhome. The rent there is significantly more expensive. In Emerald Lakes the median monthly rent is $1,400, which comes out to $565 (40%) higher than Mountainhome.
Penn Estates
Penn Estates is approximately 9 miles south of Mountainhome. Housing prices there are pretty similar. The value of the median home in Penn Estates is $161,700, which is very similar to Mountainhome. Its rents are a lot more expensive. In Penn Estates the median rent is $1,229 a month, which works out to $394 (32%) higher than Mountainhome.
Pocono Pines
Pocono Pines is about 9 miles southwest of Mountainhome. The housing prices there are a little more expensive. The median home price in Pocono Pines is $226,400, which is $64,800 (28%) higher than Mountainhome. Its rents are pretty similar. The median rent in Pocono Pines is $867 per month, which is $32 (3%) higher than Mountainhome.