Much like its nearby areas, it's substantially less expensive compared to the country as a whole. Compared to the city of Washington, it's significantly less expensive.
Home prices
The median home in Royalton costs $123,700. This is approximately $1,660 (1%) lower in comparison to its surrounding areas.In comparison to the nation as a whole it is about $93,800 (43%) lower, and compared to the city of Washington it is approximately $477,800 (79%) lower.
Rents
In Royalton the median rent is $936 per month. Compared to nearby areas it is roughly $81 (7%) lower.It is roughly $126 (11%) lower in comparison to the rest of the nation, and compared to the city of Washington is roughly $605 (39%) lower.
Nearby places
Middletown
Middletown is Royalton's neighbor to the north. Housing prices there are pretty similar. The cost of the median home in Middletown is $119,700, which is $4,000 (3%) lower than Royalton. The rent there is similar. The median rent in Middletown is $941 per month, which is very similar to Royalton.
Goldsboro
Goldsboro is approximately 2 miles southwest of Royalton. Its housing prices are a bit more expensive. The median home value in Goldsboro is $164,500, which comes out to $40,800 (24%) higher than Royalton. Rents there are a little more expensive. In Goldsboro the median rent is $1,148 a month, which is $212 (18%) higher than Royalton.
Highspire
Highspire is roughly 3 miles northwest of Royalton. Housing prices there are somewhat less expensive. Highspire's median home value is $95,200, which comes out to $28,500 (29%) lower than Royalton. Rent there is a bit less expensive. The median rent in Highspire is $875 per month, which comes out to $61 (6%) lower than Royalton.
Valley Green
Valley Green is approximately 3 miles southwest from Royalton. Housing prices there are somewhat more expensive. The median home price in Valley Green is $146,900, which comes out to $23,200 (15%) higher than Royalton. Its rents are somewhat more expensive. Valley Green's median monthly rent is $1,276, which is $340 (26%) higher than Royalton.
Bressler
Bressler is about 5 miles northwest from Royalton. The housing prices there are somewhat less expensive. The median home cost in Bressler is $100,500, which works out to $23,200 (23%) lower than Royalton. Its rents are somewhat less expensive. In Bressler the median monthly rent is $843, which works out to $93 (11%) lower than Royalton.