Home prices
The median home price in Merchantville is $227,900. This is roughly $18,680 (8%) higher in comparison to other places in this area.It is about $10,400 (4%) higher in comparison to the US as a whole, and in comparison to the city of New York is roughly $378,100 (62%) lower.
Rents
The median monthly rent in Merchantville is $1,064. It is about $186 (14%) lower in comparison to its surrounding areas.Compared to the rest of the country it is is very similar, and in comparison to the city of New York is approximately $379 (26%) lower.
Nearby places
Cherry Hill Mall
Cherry Hill Mall is Merchantville's neighbor to the southeast. Housing prices there are somewhat more expensive. The price of the median home in Cherry Hill Mall is $241,900, which works out to $14,000 (5%) higher than Merchantville. Rents there are somewhat more expensive. Cherry Hill Mall's median monthly rent is $1,458, which works out to $394 (27%) higher than Merchantville.
Golden Triangle
Golden Triangle is roughly 1 mile south from Merchantville. Housing prices there are pretty similar. The median home value in Golden Triangle is $222,100, which works out to $5,800 (2%) lower than Merchantville. Rent there is somewhat more expensive. In Golden Triangle the median monthly rent is $1,533, which works out to $469 (30%) higher than Merchantville.
Collingswood
Collingswood is approximately 2 miles southwest of Merchantville. The housing prices there are somewhat more expensive. Collingswood's median home cost is $260,900, which works out to $33,000 (12%) higher than Merchantville. The rent there is somewhat more expensive. The median rent in Collingswood is $1,151 per month, which comes out to $87 (7%) higher than Merchantville.
Camden
Camden is approximately 2 miles west from Merchantville. Its real estate prices are substantially less expensive. The median home cost in Camden is $84,000, which comes out to $143,900 (171%) lower than Merchantville. Its rents are somewhat less expensive. Camden's median monthly rent is $922, which works out to $142 (15%) lower than Merchantville.
Ellisburg
Ellisburg is roughly 2 miles southeast of Merchantville. Its housing prices are similar. The median home in Ellisburg is valued at $237,200, which is $9,300 (3%) higher than Merchantville. The rent there is a little more expensive. Ellisburg's median monthly rent is $1,185, which is $121 (10%) higher than Merchantville.
