Home prices
The median home in West Chester costs $378,400. It is about $69,860 (22%) higher compared to its surrounding areas.Compared to the country as a whole it is roughly $160,900 (73%) higher, and is about $215,400 (132%) higher compared to the city of Philadelphia.
Rents
The median monthly rent in West Chester is $1,293. In comparison to other places in this area it is roughly $215 (14%) lower.It is roughly $231 (21%) higher compared to the entire nation, and it is roughly $251 (24%) higher in comparison to the city of Philadelphia.
Nearby places
Exton
Exton is roughly 4 miles north of West Chester. Real estate prices there are fairly similar. Exton's median home value is $365,800, which works out to $12,600 (3%) lower than West Chester. Rents there are a little more expensive. Exton's median rent is $1,641 a month, which comes out to $348 (21%) higher than West Chester.
Downingtown
Downingtown is about 5 miles northwest of West Chester. Housing prices there are substantially less expensive. The median home in Downingtown costs $242,700, which comes out to $135,700 (55%) lower than West Chester. Rent there is somewhat less expensive. Downingtown's median monthly rent is $1,194, which comes out to $99 (8%) lower than West Chester.
Malvern
Malvern is about 6 miles northeast from West Chester. The housing prices there are similar. The median home in Malvern costs $369,400, which works out to $9,000 (2%) lower than West Chester. Its rents are a bit more expensive. Malvern's median monthly rent is $1,688, which comes out to $395 (23%) higher than West Chester.
Lionville
Lionville is approximately 6 miles north of West Chester. The real estate prices there are a bit less expensive. The median home in Lionville costs $327,400, which is $51,000 (15%) lower than West Chester. The rent there is somewhat more expensive. The median monthly rent in Lionville is $1,475, which comes out to $182 (12%) higher than West Chester.
Thorndale
Thorndale is about 7 miles west from West Chester. Real estate prices there are significantly less expensive. Thorndale's median home price is $237,400, which is $141,000 (59%) lower than West Chester. Rent there is a bit more expensive. The median rent in Thorndale is $1,544 per month, which works out to $251 (16%) higher than West Chester.