Similar to the surrounding areas, it is somewhat less expensive compared to the country as a whole. However compared to the city of Philadelphia, it is somewhat more expensive.
Home prices
The median home in Schaefferstown is valued at $172,500. In comparison to nearby areas it is approximately $4,040 (2%) higher.It is roughly $45,000 (20%) lower in comparison to the US as a whole, and in comparison to the city of Philadelphia is about $9,500 (5%) higher.
Rents
In Schaefferstown the median monthly rent is $861. It is roughly $16 (1%) lower compared to its nearby areas.Compared to the entire country it is approximately $201 (18%) lower, and is approximately $181 (17%) lower compared to the city of Philadelphia.
Nearby places
Richland
Richland is roughly 4 miles north of Schaefferstown. Housing prices there are a little less expensive. The median home in Richland costs $161,100, which works out to $11,400 (7%) lower than Schaefferstown. Its rents are a bit more expensive. Richland's median monthly rent is $938, which comes out to $77 (8%) higher than Schaefferstown.
Avon
Avon is approximately 4 miles northwest of Schaefferstown. Housing prices there are somewhat less expensive. The median home cost in Avon is $160,900, which works out to $11,600 (7%) lower than Schaefferstown. The rent there is a bit less expensive. Avon's median rent is $730 per month, which comes out to $131 (17%) lower than Schaefferstown.
Brickerville
Brickerville is about 5 miles south from Schaefferstown. The real estate prices there are a bit more expensive. The price of the median home in Brickerville is $215,500, which comes out to $43,000 (19%) higher than Schaefferstown. The rent there is a little more expensive. In Brickerville the median rent is $1,193 per month, which is $332 (27%) higher than Schaefferstown.
Myerstown
Myerstown is roughly 5 miles north of Schaefferstown. Housing prices there are a bit less expensive. The median home in Myerstown is valued at $140,100, which works out to $32,400 (23%) lower than Schaefferstown. Its rents are somewhat less expensive. The median monthly rent in Myerstown is $744, which works out to $117 (15%) lower than Schaefferstown.
Newmanstown
Newmanstown is approximately 5 miles northeast from Schaefferstown. The real estate prices there are fairly similar. The median home in Newmanstown is valued at $164,700, which works out to $7,800 (4%) lower than Schaefferstown. The rent there is a bit less expensive. In Newmanstown the median monthly rent is $779, which works out to $82 (10%) lower than Schaefferstown.
