Home prices
The value of the median home in Pennsburg is $205,600. Compared to its surrounding areas it is roughly $9,900 (5%) higher.It is about $11,900 (5%) lower in comparison to the rest of the country, and compared to the city of New York it is about $400,400 (66%) lower.
Rents
In Pennsburg the median rent is $1,073 a month. In comparison to other places in this area it is approximately $75 (6%) lower.It is roughly $11 (1%) higher in comparison to the rest of the country, and is approximately $370 (25%) lower compared to the city of New York.
Nearby places
East Greenville
East Greenville is Pennsburg's neighbor to the northwest. Its housing prices are somewhat less expensive. The value of the median home in East Greenville is $159,900, which is $45,700 (28%) lower than Pennsburg. The rent there is a little less expensive. The median monthly rent in East Greenville is $975, which is $98 (10%) lower than Pennsburg.
Red Hill
Red Hill is Pennsburg's neighbor to the southeast. The housing prices there are a bit less expensive. Red Hill's median home price is $171,800, which comes out to $33,800 (19%) lower than Pennsburg. The rent there is fairly similar. The median rent in Red Hill is $1,040 a month, which works out to $33 (3%) lower than Pennsburg.
Green Lane
Green Lane is roughly 4 miles south from Pennsburg. The housing prices there are somewhat less expensive. The median home in Green Lane costs $189,100, which comes out to $16,500 (8%) lower than Pennsburg. The rent there is a little less expensive. In Green Lane the median monthly rent is $922, which is $151 (16%) lower than Pennsburg.
Spinnerstown
Spinnerstown is approximately 4 miles northeast of Pennsburg. The housing prices there are a little more expensive. The median home in Spinnerstown is valued at $285,600, which comes out to $80,000 (28%) higher than Pennsburg. Rents there are a lot more expensive. In Spinnerstown the median monthly rent is $1,721, which works out to $648 (37%) higher than Pennsburg.
Bally
Bally is roughly 4 miles west of Pennsburg. Housing prices there are a bit less expensive. The median home cost in Bally is $172,100, which is $33,500 (19%) lower than Pennsburg. Rents there are similar. The median monthly rent in Bally is $1,081, which is very similar to Pennsburg.
