Home prices
The median home in Panorama Village costs $191,500. In comparison to its nearby areas it is approximately $31,240 (19%) higher.It is roughly $26,000 (11%) lower compared to the rest of the country, and it is about $19,700 (11%) higher compared to the city of Houston.
Rents
The median rent in Panorama Village is $1,566 a month. This is roughly $590 (60%) higher compared to the surrounding areas.It is roughly $504 (47%) higher in comparison to the United States as a whole, and in comparison to the city of Houston is approximately $525 (50%) higher.
Nearby places
Conroe
Conroe is Panorama Village's neighbor to the south. Housing prices there are pretty similar. The median home in Conroe costs $187,300, which comes out to $4,200 (2%) lower than Panorama Village. The rent there is a lot less expensive. The median monthly rent in Conroe is $1,085, which works out to $481 (44%) lower than Panorama Village.
Willis
Willis is approximately 3 miles north of Panorama Village. Its housing prices are significantly less expensive. The cost of the median home in Willis is $75,900, which comes out to $115,600 (152%) lower than Panorama Village. Rents there are substantially less expensive. The median rent in Willis is $1,005 per month, which works out to $561 (55%) lower than Panorama Village.
Cut and Shoot
Cut and Shoot is approximately 8 miles east from Panorama Village. Housing prices there are significantly less expensive. Cut and Shoot's median home cost is $115,200, which works out to $76,300 (66%) lower than Panorama Village. Rents there are significantly less expensive. The median monthly rent in Cut and Shoot is $879, which comes out to $687 (78%) lower than Panorama Village.
Montgomery
Montgomery is about 10 miles west from Panorama Village. Housing prices there are significantly more expensive. Montgomery's median home value is $309,900, which comes out to $118,400 (38%) higher than Panorama Village. Its rents are significantly less expensive. Montgomery's median rent is $1,123 a month, which works out to $443 (39%) lower than Panorama Village.
New Waverly
New Waverly is about 11 miles north of Panorama Village. Real estate prices there are significantly less expensive. The median home in New Waverly is valued at $113,000, which is $78,500 (69%) lower than Panorama Village. The rent there is substantially less expensive. The median rent in New Waverly is $790 a month, which works out to $776 (98%) lower than Panorama Village.