Much like the surrounding areas, it is significantly less expensive compared to the nation as a whole. Compared to the city of Ames, it is a lot less expensive.
Home prices
The median home cost in Hanlontown is $91,700. Compared to nearby areas it is approximately $2,160 (2%) lower.It is roughly $125,800 (57%) lower in comparison to the entire country, and it is approximately $114,200 (55%) lower compared to the city of Ames.
Rents
The median monthly rent in Hanlontown is $545. In comparison to nearby areas it is roughly $20 (3%) lower.Compared to the US as a whole it is about $517 (48%) lower, and in comparison to the city of Ames it is roughly $385 (41%) lower.
Nearby places
Fertile
Fertile is approximately 2 miles southwest from Hanlontown. Real estate prices there are somewhat less expensive. The median home in Fertile is valued at $83,800, which works out to $7,900 (9%) lower than Hanlontown. The rent there is a little more expensive. In Fertile the median monthly rent is $575, which comes out to $30 (5%) higher than Hanlontown.
Joice
Joice is about 6 miles northwest of Hanlontown. Its housing prices are somewhat less expensive. The median home price in Joice is $75,000, which comes out to $16,700 (22%) lower than Hanlontown. Its rents are similar. In Joice the median rent is $525 per month, which works out to $20 (3%) lower than Hanlontown.
Manly
Manly is about 7 miles east from Hanlontown. Real estate prices there are a bit less expensive. The median home in Manly costs $84,000, which comes out to $7,700 (9%) lower than Hanlontown. Rent there is pretty similar. Manly's median rent is $547 per month, which is very similar to Hanlontown.
Kensett
Kensett is about 8 miles northeast from Hanlontown. Housing prices there are a little less expensive. The median home in Kensett is valued at $70,500, which works out to $21,200 (30%) lower than Hanlontown. The rent there is similar. In Kensett the median rent is $555 a month, which works out to $10 (1%) higher than Hanlontown.
Clear Lake
Clear Lake is roughly 9 miles south of Hanlontown. Its real estate prices are substantially more expensive. The value of the median home in Clear Lake is $156,000, which works out to $64,300 (41%) higher than Hanlontown. Rents there are somewhat more expensive. In Clear Lake the median monthly rent is $623, which is $78 (12%) higher than Hanlontown.