Home prices
The value of the median home in Houghton is $137,500. This is about $45,140 (48%) higher compared to its nearby areas.Compared to the rest of the nation it is roughly $80,000 (36%) lower, and compared to the city of Cedar Rapids it is roughly $4,300 (3%) lower.
Rents
Houghton's median monthly rent is $550. This is about $85 (13%) lower in comparison to other places in this area.It is about $512 (48%) lower compared to the rest of the country, and compared to the city of Cedar Rapids it is approximately $217 (28%) lower.
Nearby places
St. Paul
St. Paul is approximately 4 miles east of Houghton. Its housing prices are fairly similar. The value of the median home in St. Paul is $143,800, which works out to $6,300 (4%) higher than Houghton. Its rents are somewhat more expensive. In St. Paul the median rent is $688 a month, which is $138 (20%) higher than Houghton.
Salem
Salem is approximately 4 miles north of Houghton. Its real estate prices are a lot less expensive. The median home value in Salem is $60,000, which comes out to $77,500 (129%) lower than Houghton. Its rents are a bit more expensive. The median rent in Salem is $645 per month, which is $95 (14%) higher than Houghton.
Hillsboro
Hillsboro is approximately 5 miles northwest of Houghton. Its real estate prices are a lot less expensive. The median home cost in Hillsboro is $33,800, which comes out to $103,700 (306%) lower than Houghton. The rent there is a little more expensive. The median monthly rent in Hillsboro is $650, which comes out to $100 (15%) higher than Houghton.
West Point
West Point is about 8 miles southeast of Houghton. Its real estate prices are somewhat less expensive. The median home in West Point costs $120,600, which works out to $16,900 (14%) lower than Houghton. Rent there is similar. West Point's median monthly rent is $540, which works out to $10 (1%) lower than Houghton.
Donnellson
Donnellson is approximately 9 miles south of Houghton. Its real estate prices are a lot less expensive. Donnellson's median home value is $103,600, which works out to $33,900 (32%) lower than Houghton. Rents there are somewhat more expensive. Donnellson's median rent is $654 a month, which works out to $104 (15%) higher than Houghton.