Is Jessup expensive?

Jessup, MD

State	Maryland
Population	9,509
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Jessup, MD

State

Population

9,509

In comparison to its surrounding areas, Jessup is a bit more expensive, and it's substantially more expensive compared to the entire nation. However compared to the city of Washington, it is a lot less expensive.

Home prices

The median home in Jessup costs $365,500. Compared to other places in this area this is roughly $17,960 (5%) higher.Compared to the United States as a whole it is approximately $148,000 (68%) higher, and it is about $236,000 (39%) lower compared to the city of Washington.

Washington

Jessup

Elkridge

Severn

North Laurel

Savage

Maryland City

United States

Comparison of median Jessup home price to nearby areas

Distribution of home prices for Jessup and nearby areas

Rents

The median rent in Jessup is $1,708 a month. This is about $26 (1%) higher in comparison to other places in this area.It is roughly $646 (60%) higher in comparison to the nation as a whole, and in comparison to the city of Washington is roughly $167 (10%) higher.

Maryland City

Elkridge

North Laurel

Severn

Jessup

Washington

Savage

United States

Comparison of median Jessup rent to nearby areas

Distribution of rents for Jessup and nearby areas

Nearby places

Maryland City

Maryland City is Jessup's neighbor to the southwest. Real estate prices there are a bit less expensive. The median home in Maryland City costs $315,500, which is $50,000 (15%) lower than Jessup. Its rents are somewhat more expensive. Maryland City's median rent is $1,824 a month, which comes out to $116 (6%) higher than Jessup.

Elkridge

Elkridge is Jessup's neighbor to the northeast. Housing prices there are pretty similar. The median home in Elkridge costs $364,700, which is very similar to Jessup. Rents there are fairly similar. Elkridge's median monthly rent is $1,783, which works out to $75 (4%) higher than Jessup.

Severn

Severn is Jessup's neighbor to the east. The housing prices there are similar. Severn's median home cost is $362,300, which is very similar to Jessup. Its rents are pretty similar. Severn's median monthly rent is $1,712, which is very similar to Jessup.

Savage

Savage is roughly 2 miles west from Jessup. Its housing prices are a bit less expensive. The median home value in Savage is $336,200, which comes out to $29,300 (8%) lower than Jessup. Its rents are a little less expensive. Savage's median rent is $1,359 a month, which comes out to $349 (25%) lower than Jessup.

North Laurel

North Laurel is approximately 3 miles west from Jessup. Real estate prices there are similar. The median home in North Laurel is valued at $359,000, which works out to $6,500 (1%) lower than Jessup. The rent there is similar. North Laurel's median monthly rent is $1,733, which comes out to $25 (1%) higher than Jessup.