Home prices
The price of the median home in Whitmore Lake is $174,800. Compared to its nearby areas this is about $66,420 (27%) lower.In comparison to the country as a whole it is roughly $42,700 (19%) lower, and in comparison to the city of Detroit is approximately $125,600 (255%) higher.
Rents
Whitmore Lake's median rent is $986 a month. Compared to the surrounding areas this is roughly $65 (6%) lower.In comparison to the US as a whole it is roughly $76 (7%) lower, and in comparison to the city of Detroit is approximately $162 (19%) higher.
Nearby places
South Lyon
South Lyon is roughly 5 miles northeast of Whitmore Lake. Housing prices there are a little more expensive. The median home value in South Lyon is $192,100, which works out to $17,300 (9%) higher than Whitmore Lake. The rent there is somewhat more expensive. The median rent in South Lyon is $1,042 per month, which is $56 (5%) higher than Whitmore Lake.
Brighton
Brighton is about 7 miles north from Whitmore Lake. The housing prices there are somewhat more expensive. The median home cost in Brighton is $211,600, which comes out to $36,800 (17%) higher than Whitmore Lake. The rent there is a bit more expensive. Brighton's median rent is $1,064 a month, which is $78 (7%) higher than Whitmore Lake.
Dexter
Dexter is roughly 8 miles southwest from Whitmore Lake. Its real estate prices are substantially more expensive. Dexter's median home price is $300,900, which works out to $126,100 (41%) higher than Whitmore Lake. Rents there are somewhat more expensive. The median rent in Dexter is $1,213 per month, which comes out to $227 (18%) higher than Whitmore Lake.
Pinckney
Pinckney is approximately 8 miles west from Whitmore Lake. The real estate prices there are fairly similar. The median home price in Pinckney is $178,100, which is $3,300 (1%) higher than Whitmore Lake. Rents there are significantly less expensive. In Pinckney the median rent is $699 per month, which comes out to $287 (41%) lower than Whitmore Lake.
Ann Arbor
Ann Arbor is about 9 miles south of Whitmore Lake. Its real estate prices are a lot more expensive. The median home in Ann Arbor is valued at $323,400, which is $148,600 (45%) higher than Whitmore Lake. The rent there is a bit more expensive. Ann Arbor's median monthly rent is $1,237, which is $251 (20%) higher than Whitmore Lake.
