Is Eldersburg expensive?

Eldersburg, MD

State	Maryland
Population	31,108
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Eldersburg, MD

State

Population

31,108

Compared to its surrounding areas, Eldersburg is substantially more expensive, and it is a lot more expensive compared to the country as a whole. Compared to the city of Washington however, it is substantially less expensive.

Home prices

The median home in Eldersburg costs $386,700. Compared to its surrounding areas this is approximately $111,240 (40%) higher.Compared to the rest of the country it is approximately $169,200 (77%) higher, and in comparison to the city of Washington is roughly $214,800 (35%) lower.

Washington

Eldersburg

Sykesville

Owings Mills

Garrison

Randallstown

Reisterstown

United States

Comparison of median Eldersburg home price to nearby areas

Distribution of home prices for Eldersburg and nearby areas

Rents

In Eldersburg the median monthly rent is $1,153. It is roughly $238 (17%) lower compared to the surrounding areas.In comparison to the country as a whole it is approximately $91 (8%) higher, and compared to the city of Washington it is about $388 (25%) lower.

Owings Mills

Washington

Garrison

Sykesville

Reisterstown

Randallstown

Eldersburg

United States

Comparison of median Eldersburg rent to nearby areas

Distribution of rents for Eldersburg and nearby areas

Nearby places

Sykesville

Sykesville is Eldersburg's neighbor to the south. Housing prices there are fairly similar. The median home in Sykesville costs $379,500, which is $7,200 (1%) lower than Eldersburg. Rent there is somewhat more expensive. The median monthly rent in Sykesville is $1,356, which works out to $203 (14%) higher than Eldersburg.

Randallstown

Randallstown is approximately 7 miles east from Eldersburg. The housing prices there are a lot less expensive. The median home cost in Randallstown is $242,600, which works out to $144,100 (59%) lower than Eldersburg. Rent there is a little more expensive. Randallstown's median rent is $1,221 per month, which comes out to $68 (5%) higher than Eldersburg.

Reisterstown

Reisterstown is about 7 miles northeast of Eldersburg. Its real estate prices are a lot less expensive. The median home in Reisterstown is valued at $240,000, which is $146,700 (61%) lower than Eldersburg. The rent there is somewhat more expensive. In Reisterstown the median rent is $1,331 per month, which comes out to $178 (13%) higher than Eldersburg.

Owings Mills

Owings Mills is approximately 7 miles east from Eldersburg. Housing prices there are substantially less expensive. The median home in Owings Mills is valued at $260,700, which is $126,000 (48%) lower than Eldersburg. Rents there are a bit more expensive. Owings Mills's median rent is $1,551 a month, which comes out to $398 (25%) higher than Eldersburg.

Garrison

Garrison is about 9 miles east of Eldersburg. Housing prices there are substantially less expensive. The value of the median home in Garrison is $254,500, which is $132,200 (51%) lower than Eldersburg. Rent there is a little more expensive. Garrison's median monthly rent is $1,496, which is $343 (22%) higher than Eldersburg.