Similar to nearby areas, it is substantially more expensive compared to the rest of the nation. It is close to average compared to the city of Washington.
Home prices
The median home in George Mason is valued at $576,400. It is is very similar compared to its nearby areas.It is roughly $358,900 (165%) higher compared to the rest of the nation, and in comparison to the city of Washington it is approximately $25,100 (4%) lower.
Rents
George Mason's median rent is $2,191 per month. Compared to its nearby areas this is roughly $186 (9%) higher.It is roughly $1,129 (106%) higher compared to the country as a whole, and is about $650 (42%) higher compared to the city of Washington.
Nearby places
Fairfax
Fairfax is George Mason's neighbor to the northeast. The housing prices there are pretty similar. The median home price in Fairfax is $560,400, which is $16,000 (2%) lower than George Mason. The rent there is a little less expensive. In Fairfax the median monthly rent is $1,834, which comes out to $357 (19%) lower than George Mason.
Kings Park West
Kings Park West is George Mason's neighbor to the southeast. Real estate prices there are similar. The price of the median home in Kings Park West is $574,400, which is very similar to George Mason. The rent there is somewhat more expensive. In Kings Park West the median monthly rent is $2,415, which is $224 (9%) higher than George Mason.
Long Branch
Long Branch is George Mason's neighbor to the east. Housing prices there are a little more expensive. The value of the median home in Long Branch is $623,300, which works out to $46,900 (7%) higher than George Mason. Rent there is significantly less expensive. The median monthly rent in Long Branch is $1,250, which works out to $941 (75%) lower than George Mason.
Fair Oaks
Fair Oaks is George Mason's neighbor to the northwest. The housing prices there are a bit less expensive. The median home in Fair Oaks costs $453,500, which works out to $122,900 (27%) lower than George Mason. Rent there is somewhat less expensive. In Fair Oaks the median monthly rent is $1,963, which comes out to $228 (11%) lower than George Mason.
Fairfax Station
Fairfax Station is approximately 2 miles south of George Mason. Its real estate prices are somewhat more expensive. The median home cost in Fairfax Station is $662,400, which comes out to $86,000 (12%) higher than George Mason. The rent there is somewhat more expensive. Fairfax Station's median monthly rent is $2,565, which comes out to $374 (14%) higher than George Mason.
