Home prices
The median home in Bear Lake costs $87,500. Compared to the surrounding areas it is about $8,940 (9%) lower.Compared to the rest of the nation it is about $130,000 (59%) lower, and it is roughly $2,300 (2%) lower compared to the city of Buffalo.
Rents
Bear Lake's median rent is $760 per month. This is roughly $119 (18%) higher in comparison to the surrounding areas.It is approximately $302 (28%) lower in comparison to the nation as a whole, and in comparison to the city of Buffalo is about $16 (2%) lower.
Nearby places
Columbus
Columbus is about 4 miles southwest of Bear Lake. Real estate prices there are a bit more expensive. The cost of the median home in Columbus is $93,500, which works out to $6,000 (6%) higher than Bear Lake. Rents there are a bit less expensive. Columbus's median monthly rent is $708, which comes out to $52 (7%) lower than Bear Lake.
Panama
Panama is roughly 5 miles north of Bear Lake. The real estate prices there are somewhat less expensive. The median home price in Panama is $82,900, which works out to $4,600 (5%) lower than Bear Lake. Rent there is a bit less expensive. In Panama the median monthly rent is $613, which comes out to $147 (23%) lower than Bear Lake.
Sugar Grove
Sugar Grove is approximately 7 miles east from Bear Lake. Housing prices there are a little more expensive. The median home in Sugar Grove is valued at $108,500, which is $21,000 (19%) higher than Bear Lake. Rent there is a little less expensive. Sugar Grove's median monthly rent is $604, which works out to $156 (25%) lower than Bear Lake.
Corry
Corry is approximately 7 miles southwest from Bear Lake. Its real estate prices are fairly similar. The cost of the median home in Corry is $89,000, which works out to $1,500 (1%) higher than Bear Lake. Its rents are a bit less expensive. In Corry the median monthly rent is $662, which comes out to $98 (14%) lower than Bear Lake.
Busti
Busti is approximately 10 miles east of Bear Lake. The real estate prices there are a little more expensive. The median home in Busti costs $108,300, which works out to $20,800 (19%) higher than Bear Lake. Rents there are a little less expensive. Busti's median rent is $616 a month, which works out to $144 (23%) lower than Bear Lake.
