Home prices
The median home in Ranlo is valued at $139,900. Compared to its nearby areas this is about $40,840 (22%) lower.It is approximately $77,600 (35%) lower compared to the country as a whole, and is approximately $80,400 (36%) lower in comparison to the city of Charlotte.
Rents
The median monthly rent in Ranlo is $1,075. This is approximately $188 (21%) higher compared to other places in this area.It is roughly $13 (1%) higher in comparison to the entire nation, and compared to the city of Charlotte is about $60 (5%) lower.
Nearby places
Lowell
Lowell is Ranlo's neighbor to the southeast. Its housing prices are somewhat less expensive. The median home cost in Lowell is $117,700, which comes out to $22,200 (18%) lower than Ranlo. The rent there is a bit less expensive. In Lowell the median rent is $840 per month, which works out to $235 (27%) lower than Ranlo.
Gastonia
Gastonia is Ranlo's neighbor to the southwest. The real estate prices there are a little more expensive. The median home in Gastonia is valued at $155,200, which works out to $15,300 (9%) higher than Ranlo. Rent there is a bit less expensive. Gastonia's median monthly rent is $879, which comes out to $196 (22%) lower than Ranlo.
McAdenville
McAdenville is approximately 2 miles southeast from Ranlo. Housing prices there are substantially more expensive. The median home in McAdenville costs $289,500, which comes out to $149,600 (51%) higher than Ranlo. Rents there are a little less expensive. In McAdenville the median rent is $958 a month, which is $117 (12%) lower than Ranlo.
Dallas
Dallas is roughly 3 miles northwest of Ranlo. The housing prices there are fairly similar. The median home value in Dallas is $135,000, which works out to $4,900 (3%) lower than Ranlo. Rents there are a lot less expensive. In Dallas the median rent is $723 a month, which comes out to $352 (48%) lower than Ranlo.
Cramerton
Cramerton is roughly 4 miles southeast from Ranlo. The real estate prices there are substantially more expensive. The median home in Cramerton is valued at $206,300, which is $66,400 (32%) higher than Ranlo. Rents there are fairly similar. Cramerton's median monthly rent is $1,036, which is $39 (3%) lower than Ranlo.
