Much like its nearby areas, it is a bit less expensive compared to the United States as a whole. Compared to the city of Baltimore, it is close to average.
Home prices
The median home price in Colonial Park is $157,100. It is approximately $1,640 (1%) higher in comparison to nearby areas.Compared to the rest of the country it is about $60,400 (27%) lower, and in comparison to the city of Baltimore is roughly $3,000 (1%) lower.
Rents
The median monthly rent in Colonial Park is $1,055. This is roughly $75 (7%) higher in comparison to the surrounding areas.It is is very similar compared to the entire country, and is roughly $18 (1%) lower in comparison to the city of Baltimore.
Nearby places
Paxtonia
Paxtonia is Colonial Park's neighbor to the northeast. Housing prices there are a bit more expensive. The median home in Paxtonia costs $198,900, which is $41,800 (21%) higher than Colonial Park. Its rents are similar. In Paxtonia the median rent is $1,078 per month, which is $23 (2%) higher than Colonial Park.
Progress
Progress is Colonial Park's neighbor to the southwest. The housing prices there are pretty similar. Progress's median home value is $155,100, which comes out to $2,000 (1%) lower than Colonial Park. The rent there is a bit less expensive. In Progress the median rent is $921 a month, which comes out to $134 (14%) lower than Colonial Park.
Penbrook
Penbrook is about 2 miles southwest of Colonial Park. The housing prices there are a lot less expensive. The median home value in Penbrook is $111,800, which is $45,300 (40%) lower than Colonial Park. The rent there is significantly less expensive. Penbrook's median rent is $746 a month, which works out to $309 (41%) lower than Colonial Park.
Lawnton
Lawnton is approximately 2 miles south from Colonial Park. The real estate prices there are pretty similar. The price of the median home in Lawnton is $164,400, which comes out to $7,300 (4%) higher than Colonial Park. Its rents are fairly similar. Lawnton's median monthly rent is $1,017, which comes out to $38 (3%) lower than Colonial Park.
Rutherford
Rutherford is roughly 2 miles southeast of Colonial Park. The real estate prices there are a little less expensive. The median home in Rutherford costs $147,100, which works out to $10,000 (6%) lower than Colonial Park. Rents there are somewhat more expensive. Rutherford's median monthly rent is $1,137, which works out to $82 (7%) higher than Colonial Park.
