Home prices
The median home value in Gumlog is $140,600. This is roughly $53,240 (60%) higher compared to nearby areas.It is roughly $76,900 (35%) lower compared to the nation as a whole, and it is roughly $129,800 (48%) lower compared to the city of Asheville.
Rents
In Gumlog the median monthly rent is $866. Compared to other places in this area this is roughly $189 (27%) higher.Compared to the rest of the country it is approximately $196 (18%) lower, and in comparison to the city of Asheville is about $177 (16%) lower.
Nearby places
Lavonia
Lavonia is Gumlog's neighbor to the south. Real estate prices there are somewhat less expensive. The median home in Lavonia is valued at $112,200, which comes out to $28,400 (25%) lower than Gumlog. Rent there is a lot less expensive. The median rent in Lavonia is $593 a month, which is $273 (46%) lower than Gumlog.
Avalon
Avalon is roughly 4 miles west of Gumlog. Its housing prices are substantially less expensive. The price of the median home in Avalon is $85,000, which is $55,600 (65%) lower than Gumlog. Rents there are a bit less expensive. Avalon's median rent is $800 per month, which comes out to $66 (8%) lower than Gumlog.
Martin
Martin is about 5 miles west of Gumlog. The housing prices there are substantially less expensive. The median home in Martin costs $90,000, which comes out to $50,600 (56%) lower than Gumlog. The rent there is a bit less expensive. Martin's median rent is $743 per month, which is $123 (16%) lower than Gumlog.
Bowersville
Bowersville is about 8 miles south from Gumlog. Its housing prices are significantly less expensive. The median home in Bowersville is valued at $73,300, which comes out to $67,300 (91%) lower than Gumlog. Rents there are a bit less expensive. In Bowersville the median monthly rent is $725, which is $141 (19%) lower than Gumlog.
Canon
Canon is approximately 10 miles south from Gumlog. Its real estate prices are substantially less expensive. The median home value in Canon is $76,300, which works out to $64,300 (84%) lower than Gumlog. Rents there are substantially less expensive. The median rent in Canon is $525 per month, which comes out to $341 (64%) lower than Gumlog.
