Much like nearby areas, it is significantly less expensive compared to the nation as a whole. Compared to the city of Frederick, it's substantially less expensive.
Home prices
The median home price in Roaring Spring is $114,200. In comparison to nearby areas this is about $5,420 (4%) lower.Compared to the rest of the country it is about $103,300 (47%) lower, and is about $156,200 (57%) lower compared to the city of Frederick.
Rents
Roaring Spring's median monthly rent is $652. It is about $81 (11%) lower in comparison to its nearby areas.Compared to the rest of the country it is roughly $410 (38%) lower, and it is roughly $744 (53%) lower compared to the city of Frederick.
Nearby places
East Freedom
East Freedom is roughly 2 miles northwest of Roaring Spring. Housing prices there are a little more expensive. The median home cost in East Freedom is $125,500, which comes out to $11,300 (9%) higher than Roaring Spring. Rent there is somewhat more expensive. East Freedom's median monthly rent is $861, which comes out to $209 (24%) higher than Roaring Spring.
Martinsburg
Martinsburg is about 3 miles southeast from Roaring Spring. Its real estate prices are somewhat more expensive. The median home in Martinsburg is valued at $137,500, which is $23,300 (16%) higher than Roaring Spring. Its rents are pretty similar. In Martinsburg the median rent is $652 a month, which is very similar to Roaring Spring.
Claysburg
Claysburg is about 3 miles southwest of Roaring Spring. Its housing prices are fairly similar. The cost of the median home in Claysburg is $109,300, which comes out to $4,900 (4%) lower than Roaring Spring. Rents there are a little more expensive. Claysburg's median rent is $739 per month, which works out to $87 (11%) higher than Roaring Spring.
Newry
Newry is approximately 4 miles northwest from Roaring Spring. Its real estate prices are fairly similar. Newry's median home value is $118,400, which comes out to $4,200 (3%) higher than Roaring Spring. Its rents are a bit more expensive. Newry's median rent is $725 a month, which works out to $73 (10%) higher than Roaring Spring.
Foot of Ten
Foot of Ten is about 6 miles northwest from Roaring Spring. The real estate prices there are a little less expensive. The median home in Foot of Ten costs $107,400, which is $6,800 (6%) lower than Roaring Spring. The rent there is a bit more expensive. In Foot of Ten the median monthly rent is $688, which comes out to $36 (5%) higher than Roaring Spring.