Similar to the surrounding areas, it's substantially less expensive compared to the rest of the country. Compared to the city of Pittsburgh however, it is a little less expensive.
Home prices
The median home in Masontown costs $89,000. In comparison to nearby areas it is approximately $1,460 (1%) higher.Compared to the nation as a whole it is about $128,500 (59%) lower, and in comparison to the city of Pittsburgh is roughly $36,000 (28%) lower.
Rents
Masontown's median rent is $708 per month. It is about $70 (11%) higher compared to nearby areas.In comparison to the nation as a whole it is roughly $354 (33%) lower, and is about $250 (26%) lower compared to the city of Pittsburgh.
Nearby places
Greensboro
Greensboro is approximately 3 miles south of Masontown. Its housing prices are significantly less expensive. The median home in Greensboro is valued at $64,000, which comes out to $25,000 (39%) lower than Masontown. The rent there is fairly similar. The median rent in Greensboro is $678 per month, which comes out to $30 (4%) lower than Masontown.
Fairdale
Fairdale is roughly 3 miles northwest of Masontown. The housing prices there are somewhat more expensive. Fairdale's median home price is $118,300, which is $29,300 (24%) higher than Masontown. Rent there is substantially less expensive. The median rent in Fairdale is $392 per month, which comes out to $316 (80%) lower than Masontown.
Carmichaels
Carmichaels is roughly 4 miles northwest from Masontown. Its real estate prices are somewhat more expensive. Carmichaels's median home value is $97,800, which works out to $8,800 (8%) higher than Masontown. The rent there is a bit less expensive. The median monthly rent in Carmichaels is $613, which is $95 (15%) lower than Masontown.
Smithfield
Smithfield is about 5 miles southeast from Masontown. The housing prices there are a bit more expensive. The median home in Smithfield is valued at $102,800, which comes out to $13,800 (13%) higher than Masontown. Its rents are fairly similar. The median rent in Smithfield is $710 a month, which is very similar to Masontown.
Bobtown
Bobtown is roughly 6 miles southwest of Masontown. Its real estate prices are significantly less expensive. The median home in Bobtown costs $54,800, which comes out to $34,200 (62%) lower than Masontown. Rent there is a bit more expensive. In Bobtown the median monthly rent is $795, which is $87 (10%) higher than Masontown.
