Home prices
The median home cost in Gearhart is $342,200. Compared to its nearby areas this is roughly $36,640 (11%) higher.In comparison to the rest of the country it is about $124,700 (57%) higher, and compared to the city of Portland it is about $69,800 (16%) lower.
Rents
In Gearhart the median monthly rent is $1,113. This is about $189 (20%) higher compared to the surrounding areas.Compared to the rest of the country it is about $51 (4%) higher, and is about $135 (10%) lower compared to the city of Portland.
Nearby places
Seaside
Seaside is Gearhart's neighbor to the south. Its housing prices are somewhat less expensive. Seaside's median home value is $309,700, which works out to $32,500 (10%) lower than Gearhart. Rent there is somewhat less expensive. The median monthly rent in Seaside is $939, which works out to $174 (18%) lower than Gearhart.
Jeffers Gardens
Jeffers Gardens is approximately 8 miles north of Gearhart. Real estate prices there are a lot less expensive. The median home in Jeffers Gardens is valued at $116,000, which works out to $226,200 (195%) lower than Gearhart. Its rents are a bit less expensive. Jeffers Gardens's median rent is $990 per month, which works out to $123 (12%) lower than Gearhart.
Warrenton
Warrenton is approximately 8 miles north of Gearhart. The housing prices there are a lot less expensive. The median home in Warrenton is valued at $254,700, which comes out to $87,500 (34%) lower than Gearhart. Rents there are somewhat less expensive. Warrenton's median monthly rent is $943, which is $170 (18%) lower than Gearhart.
Cannon Beach
Cannon Beach is roughly 8 miles south from Gearhart. The real estate prices there are substantially more expensive. The median home in Cannon Beach is valued at $587,800, which works out to $245,600 (41%) higher than Gearhart. Its rents are significantly less expensive. In Cannon Beach the median rent is $839 a month, which works out to $274 (32%) lower than Gearhart.
Astoria
Astoria is about 10 miles northeast from Gearhart. Its real estate prices are somewhat less expensive. The median home in Astoria costs $259,600, which works out to $82,600 (31%) lower than Gearhart. Its rents are somewhat less expensive. The median rent in Astoria is $908 a month, which comes out to $205 (22%) lower than Gearhart.
