Home prices
The median home value in Frederika is $81,300. Compared to the surrounding areas this is roughly $7,440 (8%) lower.It is about $136,200 (62%) lower compared to the entire country, and compared to the city of Cedar Rapids it is approximately $60,500 (42%) lower.
Rents
The median rent in Frederika is $767 per month. Compared to other places in this area this is about $165 (27%) higher.It is about $295 (27%) lower compared to the country as a whole, and in comparison to the city of Cedar Rapids it is is very similar.
Nearby places
Tripoli
Tripoli is approximately 5 miles southeast from Frederika. The real estate prices there are a little more expensive. The median home cost in Tripoli is $91,200, which is $9,900 (10%) higher than Frederika. The rent there is significantly less expensive. Tripoli's median monthly rent is $555, which comes out to $212 (38%) lower than Frederika.
Fredericksburg
Fredericksburg is approximately 7 miles northeast of Frederika. Real estate prices there are somewhat more expensive. The median home in Fredericksburg is valued at $90,000, which comes out to $8,700 (9%) higher than Frederika. The rent there is a bit less expensive. Fredericksburg's median rent is $656 a month, which is $111 (16%) lower than Frederika.
Sumner
Sumner is about 9 miles east from Frederika. Housing prices there are a bit more expensive. The median home value in Sumner is $88,000, which is $6,700 (7%) higher than Frederika. Rents there are somewhat less expensive. In Sumner the median rent is $644 per month, which is $123 (19%) lower than Frederika.
Plainfield
Plainfield is roughly 10 miles west from Frederika. The housing prices there are fairly similar. The median home in Plainfield costs $82,700, which works out to $1,400 (1%) higher than Frederika. Its rents are a bit less expensive. In Plainfield the median monthly rent is $625, which works out to $142 (22%) lower than Frederika.
Nashua
Nashua is roughly 11 miles northwest of Frederika. The real estate prices there are a bit more expensive. The median home in Nashua costs $91,800, which comes out to $10,500 (11%) higher than Frederika. Its rents are significantly less expensive. In Nashua the median rent is $531 per month, which works out to $236 (44%) lower than Frederika.
