Similar to other places in this area, it's significantly more expensive compared to the entire country. However compared to the city of Washington, it's somewhat less expensive.
Home prices
The cost of the median home in Herald Harbor is $464,300. This is roughly $10,460 (2%) higher in comparison to its surrounding areas.It is about $246,800 (113%) higher compared to the United States as a whole, and in comparison to the city of Washington is roughly $137,200 (22%) lower.
Rents
Herald Harbor's median monthly rent is $1,163. It is roughly $569 (32%) lower compared to other places in this area.In comparison to the entire country it is roughly $101 (9%) higher, and compared to the city of Washington it is roughly $378 (24%) lower.
Nearby places
Severna Park
Severna Park is Herald Harbor's neighbor to the north. Its real estate prices are somewhat more expensive. Severna Park's median home cost is $546,800, which is $82,500 (15%) higher than Herald Harbor. Its rents are substantially more expensive. The median rent in Severna Park is $1,744 a month, which works out to $581 (33%) higher than Herald Harbor.
Arnold
Arnold is roughly 3 miles east from Herald Harbor. Real estate prices there are somewhat less expensive. Arnold's median home cost is $441,300, which works out to $23,000 (5%) lower than Herald Harbor. The rent there is significantly more expensive. In Arnold the median monthly rent is $1,927, which comes out to $764 (39%) higher than Herald Harbor.
Gambrills
Gambrills is about 4 miles northwest of Herald Harbor. The real estate prices there are similar. The median home in Gambrills costs $444,300, which is $20,000 (4%) lower than Herald Harbor. Rents there are a bit more expensive. The median rent in Gambrills is $1,375 per month, which comes out to $212 (15%) higher than Herald Harbor.
Parole
Parole is roughly 4 miles south from Herald Harbor. Its real estate prices are similar. The price of the median home in Parole is $454,300, which is $10,000 (2%) lower than Herald Harbor. Rents there are a lot more expensive. The median monthly rent in Parole is $1,877, which is $714 (38%) higher than Herald Harbor.
Lake Shore
Lake Shore is approximately 5 miles northeast of Herald Harbor. Its housing prices are a bit less expensive. The median home in Lake Shore is valued at $382,500, which is $81,800 (21%) lower than Herald Harbor. Rents there are a lot more expensive. The median rent in Lake Shore is $1,737 a month, which works out to $574 (33%) higher than Herald Harbor.
