Home prices
The price of the median home in La Paloma is $69,100. In comparison to its nearby areas this is roughly $8,180 (13%) higher.In comparison to the nation as a whole it is roughly $148,400 (68%) lower, and is about $20,900 (23%) lower in comparison to the city of Brownsville.
Rents
La Paloma's median rent is $695 per month. This is roughly $66 (8%) lower in comparison to the surrounding areas.Compared to the nation as a whole it is roughly $367 (34%) lower, and in comparison to the city of Brownsville it is about $41 (5%) lower.
Nearby places
San Benito
San Benito is La Paloma's neighbor to the north. The real estate prices there are a little less expensive. San Benito's median home price is $57,000, which comes out to $12,100 (21%) lower than La Paloma. Rent there is pretty similar. In San Benito the median monthly rent is $703, which works out to $8 (1%) higher than La Paloma.
Olmito
Olmito is about 7 miles east of La Paloma. The housing prices there are somewhat more expensive. Olmito's median home cost is $89,800, which works out to $20,700 (23%) higher than La Paloma. Its rents are a little more expensive. In Olmito the median monthly rent is $833, which comes out to $138 (16%) higher than La Paloma.
Indian Lake
Indian Lake is about 9 miles east of La Paloma. The real estate prices there are significantly less expensive. The median home in Indian Lake costs $50,000, which works out to $19,100 (38%) lower than La Paloma. The rent there is a bit more expensive. The median rent in Indian Lake is $775 a month, which is $80 (10%) higher than La Paloma.
Bluetown
Bluetown is approximately 9 miles west of La Paloma. Its housing prices are a lot less expensive. The median home in Bluetown is valued at $50,500, which works out to $18,600 (36%) lower than La Paloma. Its rents are somewhat more expensive. The median monthly rent in Bluetown is $834, which comes out to $139 (16%) higher than La Paloma.
Laureles
Laureles is approximately 10 miles northeast from La Paloma. Its real estate prices are a bit less expensive. The median home price in Laureles is $57,300, which works out to $11,800 (20%) lower than La Paloma. Its rents are somewhat less expensive. The median monthly rent in Laureles is $660, which comes out to $35 (5%) lower than La Paloma.