Is Lochearn expensive?

Lochearn, MD

State	Maryland
Population	25,771
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Lochearn, MD

State

Population

25,771

In comparison to the surrounding areas, Lochearn is somewhat less expensive, and it's a bit less expensive compared to the rest of the country. However compared to the city of Washington, it's substantially less expensive.

Home prices

The cost of the median home in Lochearn is $206,600. It is approximately $50,960 (19%) lower compared to other places in this area.Compared to the entire nation it is about $10,900 (5%) lower, and is about $394,900 (65%) lower in comparison to the city of Washington.

Washington

Pikesville

Owings Mills

Garrison

Randallstown

United States

Milford Mill

Lochearn

Comparison of median Lochearn home price to nearby areas

Distribution of home prices for Lochearn and nearby areas

Rents

The median rent in Lochearn is $1,186 per month. It is roughly $225 (15%) lower in comparison to its surrounding areas.It is roughly $124 (11%) higher in comparison to the nation as a whole, and is approximately $355 (23%) lower in comparison to the city of Washington.

Owings Mills

Washington

Garrison

Pikesville

Milford Mill

Randallstown

Lochearn

United States

Comparison of median Lochearn rent to nearby areas

Distribution of rents for Lochearn and nearby areas

Nearby places

Milford Mill

Milford Mill is Lochearn's neighbor to the west. The real estate prices there are fairly similar. Milford Mill's median home price is $210,100, which comes out to $3,500 (1%) higher than Lochearn. The rent there is somewhat more expensive. Milford Mill's median monthly rent is $1,353, which comes out to $167 (12%) higher than Lochearn.

Pikesville

Pikesville is Lochearn's neighbor to the northeast. The real estate prices there are significantly more expensive. The median home cost in Pikesville is $319,900, which works out to $113,300 (35%) higher than Lochearn. Rents there are a little more expensive. In Pikesville the median rent is $1,435 per month, which is $249 (17%) higher than Lochearn.

Randallstown

Randallstown is Lochearn's neighbor to the northwest. Its real estate prices are a bit more expensive. The median home price in Randallstown is $242,600, which is $36,000 (14%) higher than Lochearn. Rents there are similar. Randallstown's median rent is $1,221 per month, which is $35 (2%) higher than Lochearn.

Garrison

Garrison is approximately 3 miles north from Lochearn. Its real estate prices are a little more expensive. The price of the median home in Garrison is $254,500, which is $47,900 (18%) higher than Lochearn. Rents there are a bit more expensive. Garrison's median monthly rent is $1,496, which comes out to $310 (20%) higher than Lochearn.

Owings Mills

Owings Mills is roughly 5 miles northwest of Lochearn. Real estate prices there are somewhat more expensive. The median home price in Owings Mills is $260,700, which comes out to $54,100 (20%) higher than Lochearn. Its rents are a bit more expensive. In Owings Mills the median rent is $1,551 per month, which is $365 (23%) higher than Lochearn.