Much like its surrounding areas, it is similar compared to the entire nation. However compared to the city of Philadelphia, it's substantially more expensive.
Home prices
The median home cost in Lampeter is $226,600. Compared to its nearby areas this is approximately $8,660 (3%) lower.It is approximately $9,100 (4%) higher in comparison to the US as a whole, and it is approximately $63,600 (39%) higher in comparison to the city of Philadelphia.
Rents
Lampeter's median rent is $1,018 per month. Compared to nearby areas it is approximately $334 (24%) lower.It is roughly $44 (4%) lower in comparison to the country as a whole, and in comparison to the city of Philadelphia is approximately $24 (2%) lower.
Nearby places
Willow Street
Willow Street is Lampeter's neighbor to the southwest. Housing prices there are somewhat more expensive. The median home price in Willow Street is $248,000, which is $21,400 (8%) higher than Lampeter. Its rents are substantially more expensive. In Willow Street the median monthly rent is $2,083, which works out to $1,065 (51%) higher than Lampeter.
Strasburg
Strasburg is about 2 miles east of Lampeter. The housing prices there are a bit less expensive. The cost of the median home in Strasburg is $212,800, which is $13,800 (6%) lower than Lampeter. Rent there is fairly similar. Strasburg's median monthly rent is $1,027, which is very similar to Lampeter.
Refton
Refton is roughly 2 miles south of Lampeter. Housing prices there are somewhat less expensive. The median home in Refton costs $193,400, which is $33,200 (17%) lower than Lampeter. Rent there is substantially more expensive. The median monthly rent in Refton is $1,618, which comes out to $600 (37%) higher than Lampeter.
Bird-in-Hand
Bird-in-Hand is approximately 4 miles northeast of Lampeter. The housing prices there are significantly more expensive. The price of the median home in Bird-in-Hand is $407,500, which works out to $180,900 (44%) higher than Lampeter. Rents there are a little more expensive. In Bird-in-Hand the median rent is $1,164 a month, which comes out to $146 (12%) higher than Lampeter.
Lancaster
Lancaster is roughly 4 miles northwest of Lampeter. The real estate prices there are substantially less expensive. The median home in Lancaster is valued at $114,600, which works out to $112,000 (97%) lower than Lampeter. Rent there is somewhat less expensive. The median monthly rent in Lancaster is $866, which comes out to $152 (17%) lower than Lampeter.
