Much like nearby areas, it is substantially less expensive compared to the entire nation. However compared to the city of Erie, it's a little more expensive.
Home prices
The value of the median home in Mill Village is $104,900. It is about $4,620 (4%) lower compared to other places in this area.It is approximately $112,600 (51%) lower in comparison to the nation as a whole, and in comparison to the city of Erie it is roughly $15,800 (17%) higher.
Rents
The median monthly rent in Mill Village is $850. This is about $150 (21%) higher in comparison to its surrounding areas.In comparison to the nation as a whole it is approximately $212 (19%) lower, and is about $140 (19%) higher in comparison to the city of Erie.
Nearby places
Waterford
Waterford is about 4 miles north from Mill Village. Housing prices there are somewhat more expensive. The median home cost in Waterford is $137,500, which is $32,600 (23%) higher than Mill Village. Its rents are a little less expensive. In Waterford the median monthly rent is $809, which comes out to $41 (5%) lower than Mill Village.
Union City
Union City is roughly 5 miles east of Mill Village. Real estate prices there are a little less expensive. The price of the median home in Union City is $84,200, which works out to $20,700 (24%) lower than Mill Village. Rent there is significantly less expensive. In Union City the median monthly rent is $585, which is $265 (45%) lower than Mill Village.
Cambridge Springs
Cambridge Springs is approximately 6 miles southwest from Mill Village. Real estate prices there are a bit less expensive. Cambridge Springs's median home cost is $85,100, which works out to $19,800 (23%) lower than Mill Village. Rents there are significantly less expensive. The median rent in Cambridge Springs is $583 per month, which is $267 (45%) lower than Mill Village.
Edinboro
Edinboro is approximately 6 miles west from Mill Village. Its real estate prices are a lot more expensive. The median home cost in Edinboro is $165,800, which works out to $60,900 (36%) higher than Mill Village. Its rents are similar. Edinboro's median monthly rent is $847, which is very similar to Mill Village.
Canadohta Lake
Canadohta Lake is about 7 miles southeast from Mill Village. Its housing prices are significantly less expensive. Canadohta Lake's median home cost is $75,000, which comes out to $29,900 (39%) lower than Mill Village. Its rents are a little less expensive. The median monthly rent in Canadohta Lake is $674, which works out to $176 (26%) lower than Mill Village.
