Home prices
The median home in Ferron costs $151,300. This is approximately $13,500 (9%) higher in comparison to the surrounding areas.Compared to the nation as a whole it is roughly $66,200 (30%) lower, and compared to the city of Provo it is roughly $120,000 (44%) lower.
Rents
Ferron's median rent is $541 per month. Compared to the surrounding areas it is about $93 (14%) lower.Compared to the country as a whole it is roughly $521 (49%) lower, and is approximately $336 (38%) lower compared to the city of Provo.
Nearby places
Orangeville
Orangeville is approximately 10 miles north of Ferron. Housing prices there are somewhat less expensive. The median home in Orangeville costs $143,400, which comes out to $7,900 (5%) lower than Ferron. The rent there is a bit more expensive. In Orangeville the median rent is $730 a month, which is $189 (25%) higher than Ferron.
Castle Dale
Castle Dale is roughly 10 miles northeast of Ferron. Its housing prices are a bit less expensive. The median home in Castle Dale costs $139,300, which is $12,000 (8%) lower than Ferron. Its rents are somewhat more expensive. In Castle Dale the median rent is $583 per month, which comes out to $42 (7%) higher than Ferron.
Huntington
Huntington is about 18 miles northeast from Ferron. Housing prices there are a bit less expensive. The median home in Huntington costs $132,400, which is $18,900 (14%) lower than Ferron. Rents there are a little more expensive. In Huntington the median monthly rent is $599, which comes out to $58 (9%) higher than Ferron.
Cleveland
Cleveland is roughly 21 miles northeast from Ferron. Its housing prices are a little more expensive. Cleveland's median home cost is $164,300, which is $13,000 (7%) higher than Ferron. The rent there is a bit more expensive. Cleveland's median monthly rent is $700, which comes out to $159 (22%) higher than Ferron.
Elmo
Elmo is about 25 miles northeast of Ferron. Its housing prices are a lot less expensive. Elmo's median home value is $109,600, which comes out to $41,700 (38%) lower than Ferron. Its rents are fairly similar. The median rent in Elmo is $558 per month, which works out to $17 (3%) higher than Ferron.