Home prices
The median home cost in Albemarle is $119,000. Compared to other places in this area it is roughly $7,480 (6%) higher.In comparison to the entire country it is roughly $98,500 (45%) lower, and compared to the city of Charlotte is about $101,300 (45%) lower.
Rents
In Albemarle the median rent is $682 a month. It is roughly $104 (13%) lower in comparison to nearby areas.In comparison to the nation as a whole it is roughly $380 (35%) lower, and is approximately $453 (39%) lower compared to the city of Charlotte.
Nearby places
Badin
Badin is about 4 miles northeast of Albemarle. Its real estate prices are substantially less expensive. Badin's median home cost is $84,100, which is $34,900 (41%) lower than Albemarle. The rent there is similar. The median rent in Badin is $705 a month, which comes out to $23 (3%) higher than Albemarle.
New London
New London is roughly 5 miles north from Albemarle. Real estate prices there are a little more expensive. The median home in New London is valued at $141,800, which works out to $22,800 (16%) higher than Albemarle. Rent there is somewhat more expensive. The median monthly rent in New London is $873, which is $191 (21%) higher than Albemarle.
Richfield
Richfield is about 8 miles north from Albemarle. The housing prices there are fairly similar. The median home in Richfield costs $124,500, which comes out to $5,500 (4%) higher than Albemarle. The rent there is a lot more expensive. In Richfield the median rent is $1,083 per month, which works out to $401 (37%) higher than Albemarle.
Norwood
Norwood is roughly 9 miles southeast of Albemarle. Its real estate prices are a little less expensive. The median home in Norwood costs $96,700, which comes out to $22,300 (23%) lower than Albemarle. Its rents are a little more expensive. The median rent in Norwood is $739 a month, which works out to $57 (7%) higher than Albemarle.
Misenheimer
Misenheimer is about 10 miles northwest of Albemarle. The real estate prices there are somewhat less expensive. Misenheimer's median home cost is $110,500, which comes out to $8,500 (7%) lower than Albemarle. Rents there are a little less expensive. In Misenheimer the median monthly rent is $530, which is $152 (28%) lower than Albemarle.
