Similar to nearby areas, it's a bit less expensive compared to the nation as a whole. It is close to average compared to the city of Philadelphia.
Home prices
The median home in Ridgely costs $168,600. Compared to the surrounding areas it is roughly $2,160 (1%) lower.In comparison to the US as a whole it is approximately $48,900 (22%) lower, and in comparison to the city of Philadelphia it is about $5,600 (3%) higher.
Rents
The median monthly rent in Ridgely is $1,026. It is roughly $131 (14%) higher in comparison to other places in this area.Compared to the United States as a whole it is roughly $36 (3%) lower, and it is approximately $16 (1%) lower compared to the city of Philadelphia.
Nearby places
Hillsboro
Hillsboro is roughly 3 miles southwest from Ridgely. Real estate prices there are somewhat more expensive. The price of the median home in Hillsboro is $182,100, which comes out to $13,500 (7%) higher than Ridgely. Rents there are a bit less expensive. The median monthly rent in Hillsboro is $817, which is $209 (25%) lower than Ridgely.
Greensboro
Greensboro is about 3 miles northeast of Ridgely. Its housing prices are a little less expensive. The median home value in Greensboro is $147,700, which is $20,900 (14%) lower than Ridgely. Rents there are a bit less expensive. The median monthly rent in Greensboro is $840, which comes out to $186 (22%) lower than Ridgely.
Queen Anne
Queen Anne is approximately 4 miles southwest from Ridgely. Its real estate prices are a bit more expensive. The median home in Queen Anne costs $214,100, which is $45,500 (21%) higher than Ridgely. Rents there are a lot less expensive. The median monthly rent in Queen Anne is $736, which works out to $290 (39%) lower than Ridgely.
Denton
Denton is approximately 5 miles southeast from Ridgely. Housing prices there are a little more expensive. The median home in Denton costs $193,800, which works out to $25,200 (13%) higher than Ridgely. The rent there is a little less expensive. The median rent in Denton is $906 per month, which works out to $120 (13%) lower than Ridgely.
Goldsboro
Goldsboro is roughly 7 miles northeast of Ridgely. The housing prices there are significantly less expensive. The value of the median home in Goldsboro is $116,100, which works out to $52,500 (45%) lower than Ridgely. The rent there is somewhat more expensive. Goldsboro's median rent is $1,175 per month, which is $149 (12%) higher than Ridgely.
