Similar to the surrounding areas, it is significantly more expensive compared to the United States as a whole. However compared to the city of Washington, it's somewhat less expensive.
Home prices
The median home in Parole is valued at $454,300. In comparison to its nearby areas this is roughly $9,200 (1%) lower.In comparison to the country as a whole it is about $236,800 (108%) higher, and is approximately $147,200 (24%) lower compared to the city of Washington.
Rents
In Parole the median monthly rent is $1,877. Compared to its surrounding areas this is about $193 (11%) higher.In comparison to the entire country it is roughly $815 (76%) higher, and in comparison to the city of Washington it is about $336 (21%) higher.
Nearby places
Annapolis
Annapolis is Parole's neighbor to the southeast. Real estate prices there are a little less expensive. The median home price in Annapolis is $420,500, which works out to $33,800 (8%) lower than Parole. Rents there are somewhat less expensive. Annapolis's median monthly rent is $1,583, which is $294 (18%) lower than Parole.
Riva
Riva is Parole's neighbor to the southwest. Housing prices there are somewhat more expensive. The median home cost in Riva is $484,900, which is $30,600 (6%) higher than Parole. Rent there is a bit less expensive. The median rent in Riva is $1,685 per month, which is $192 (11%) lower than Parole.
Edgewater
Edgewater is Parole's neighbor to the south. The real estate prices there are a bit less expensive. The cost of the median home in Edgewater is $344,900, which works out to $109,400 (31%) lower than Parole. The rent there is a bit less expensive. In Edgewater the median rent is $1,755 a month, which comes out to $122 (6%) lower than Parole.
Annapolis Neck
Annapolis Neck is Parole's neighbor to the southeast. The real estate prices there are a little more expensive. The median home price in Annapolis Neck is $602,900, which is $148,600 (24%) higher than Parole. The rent there is somewhat more expensive. Annapolis Neck's median rent is $2,232 per month, which is $355 (15%) higher than Parole.
Herald Harbor
Herald Harbor is approximately 4 miles north of Parole. Its housing prices are fairly similar. The median home in Herald Harbor costs $464,300, which is $10,000 (2%) higher than Parole. Rent there is substantially less expensive. In Herald Harbor the median rent is $1,163 a month, which comes out to $714 (61%) lower than Parole.
