Much like the surrounding areas, it is a bit less expensive compared to the United States as a whole. Compared to the city of Philadelphia however, it's a bit more expensive.
Home prices
The median home value in Fairlee is $198,700. It is roughly $9,840 (4%) lower compared to the surrounding areas.Compared to the entire country it is approximately $18,800 (8%) lower, and is about $35,700 (21%) higher in comparison to the city of Philadelphia.
Rents
In Fairlee the median monthly rent is $660. In comparison to the surrounding areas it is approximately $338 (33%) lower.Compared to the rest of the nation it is roughly $402 (37%) lower, and compared to the city of Philadelphia is about $382 (36%) lower.
Nearby places
Chestertown
Chestertown is roughly 4 miles east of Fairlee. Housing prices there are a little more expensive. Chestertown's median home price is $242,700, which is $44,000 (18%) higher than Fairlee. Rent there is a little more expensive. In Chestertown the median rent is $842 a month, which comes out to $182 (21%) higher than Fairlee.
Kingstown
Kingstown is approximately 5 miles east of Fairlee. The real estate prices there are a bit more expensive. Kingstown's median home cost is $223,200, which comes out to $24,500 (10%) higher than Fairlee. Rent there is substantially more expensive. In Kingstown the median monthly rent is $1,125, which comes out to $465 (41%) higher than Fairlee.
Rock Hall
Rock Hall is roughly 6 miles southwest of Fairlee. Real estate prices there are a bit less expensive. The median home in Rock Hall costs $185,100, which comes out to $13,600 (7%) lower than Fairlee. Rent there is a little more expensive. Rock Hall's median monthly rent is $823, which works out to $163 (19%) higher than Fairlee.
Church Hill
Church Hill is approximately 10 miles southeast of Fairlee. The real estate prices there are somewhat more expensive. The median home in Church Hill costs $216,700, which comes out to $18,000 (8%) higher than Fairlee. The rent there is a lot more expensive. Church Hill's median monthly rent is $1,272, which works out to $612 (48%) higher than Fairlee.
Betterton
Betterton is approximately 10 miles northeast from Fairlee. The real estate prices there are a little less expensive. Betterton's median home price is $175,000, which is $23,700 (13%) lower than Fairlee. Its rents are a little more expensive. The median monthly rent in Betterton is $930, which is $270 (29%) higher than Fairlee.
