Home prices
The median home in Pelican Bay costs $51,100. In comparison to the surrounding areas this is approximately $130,820 (71%) lower.It is about $166,400 (76%) lower compared to the rest of the country, and it is about $137,000 (72%) lower compared to the city of Dallas.
Rents
The median rent in Pelican Bay is $861 per month. In comparison to its nearby areas it is approximately $33 (3%) lower.In comparison to the US as a whole it is roughly $201 (18%) lower, and compared to the city of Dallas is about $191 (18%) lower.
Nearby places
Briar
Briar is Pelican Bay's neighbor to the north. Its housing prices are substantially more expensive. Briar's median home price is $162,300, which works out to $111,200 (68%) higher than Pelican Bay. Its rents are fairly similar. Briar's median monthly rent is $867, which is very similar to Pelican Bay.
Azle
Azle is about 2 miles southwest from Pelican Bay. Its housing prices are a lot more expensive. Azle's median home cost is $151,100, which comes out to $100,000 (66%) higher than Pelican Bay. The rent there is a little more expensive. The median monthly rent in Azle is $1,009, which comes out to $148 (14%) higher than Pelican Bay.
Sanctuary
Sanctuary is about 3 miles west of Pelican Bay. Its real estate prices are substantially more expensive. The median home cost in Sanctuary is $152,500, which works out to $101,400 (66%) higher than Pelican Bay. The rent there is pretty similar. In Sanctuary the median monthly rent is $875, which comes out to $14 (1%) higher than Pelican Bay.
Pecan Acres
Pecan Acres is roughly 4 miles northeast of Pelican Bay. Its housing prices are significantly more expensive. Pecan Acres's median home cost is $357,300, which comes out to $306,200 (85%) higher than Pelican Bay. Rents there are pretty similar. The median monthly rent in Pecan Acres is $850, which comes out to $11 (1%) lower than Pelican Bay.
Newark
Newark is roughly 6 miles north of Pelican Bay. The real estate prices there are a lot more expensive. Newark's median home price is $86,400, which is $35,300 (40%) higher than Pelican Bay. The rent there is similar. The median monthly rent in Newark is $868, which is very similar to Pelican Bay.
