Similar to the surrounding areas, it's a bit less expensive compared to the rest of the nation. It is a little less expensive compared to the city of Farmington.
Home prices
The cost of the median home in La Plata is $150,000. Compared to its surrounding areas it is approximately $6,960 (4%) lower.In comparison to the rest of the nation it is approximately $67,500 (31%) lower, and is roughly $36,800 (19%) lower compared to the city of Farmington.
Rents
The median rent in La Plata is $581 a month. Compared to nearby areas this is about $439 (43%) lower.It is roughly $481 (45%) lower compared to the country as a whole, and compared to the city of Farmington is about $287 (33%) lower.
Nearby places
North Light Plant
North Light Plant is roughly 7 miles southeast from La Plata. Its housing prices are a little less expensive. The median home in North Light Plant costs $127,600, which works out to $22,400 (17%) lower than La Plata. Rents there are a lot more expensive. The median rent in North Light Plant is $1,125 a month, which works out to $544 (48%) higher than La Plata.
Spencerville
Spencerville is roughly 9 miles southeast from La Plata. Its real estate prices are a bit less expensive. The cost of the median home in Spencerville is $137,200, which is $12,800 (9%) lower than La Plata. Rents there are a lot more expensive. The median rent in Spencerville is $1,279 per month, which is $698 (54%) higher than La Plata.
Aztec
Aztec is roughly 12 miles southeast from La Plata. The real estate prices there are fairly similar. The median home in Aztec costs $155,300, which works out to $5,300 (3%) higher than La Plata. Rent there is a little more expensive. In Aztec the median rent is $781 per month, which works out to $200 (25%) higher than La Plata.
Kirtland
Kirtland is approximately 14 miles southwest of La Plata. Real estate prices there are somewhat more expensive. The cost of the median home in Kirtland is $216,000, which works out to $66,000 (30%) higher than La Plata. Rent there is substantially more expensive. The median monthly rent in Kirtland is $1,025, which is $444 (43%) higher than La Plata.
Lee Acres
Lee Acres is approximately 16 miles south of La Plata. Its real estate prices are similar. The median home price in Lee Acres is $148,700, which is very similar to La Plata. Its rents are substantially more expensive. The median rent in Lee Acres is $890 per month, which comes out to $309 (34%) higher than La Plata.
