Home prices
The median home price in Marengo is $98,500. This is approximately $25,280 (20%) lower compared to its nearby areas.In comparison to the entire nation it is roughly $119,000 (54%) lower, and is roughly $43,300 (30%) lower in comparison to the city of Cedar Rapids.
Rents
In Marengo the median rent is $589 a month. In comparison to its surrounding areas this is roughly $57 (10%) higher.Compared to the entire nation it is roughly $473 (44%) lower, and in comparison to the city of Cedar Rapids it is about $178 (23%) lower.
Nearby places
Ladora
Ladora is about 5 miles southwest of Marengo. Real estate prices there are substantially less expensive. The median home in Ladora costs $68,800, which is $29,700 (43%) lower than Marengo. Its rents are significantly less expensive. The median monthly rent in Ladora is $375, which works out to $214 (57%) lower than Marengo.
Blairstown
Blairstown is about 7 miles north from Marengo. The real estate prices there are a bit more expensive. Blairstown's median home value is $118,300, which works out to $19,800 (16%) higher than Marengo. Rents there are similar. In Blairstown the median monthly rent is $563, which works out to $26 (4%) lower than Marengo.
Middle Amana
Middle Amana is approximately 7 miles east from Marengo. Its real estate prices are significantly more expensive. Middle Amana's median home price is $185,100, which works out to $86,600 (46%) higher than Marengo. Rent there is somewhat less expensive. In Middle Amana the median rent is $526 per month, which comes out to $63 (11%) lower than Marengo.
Williamsburg
Williamsburg is approximately 8 miles south of Marengo. Its real estate prices are substantially more expensive. Williamsburg's median home price is $159,700, which comes out to $61,200 (38%) higher than Marengo. Rent there is a little less expensive. The median monthly rent in Williamsburg is $537, which comes out to $52 (9%) lower than Marengo.
Victor
Victor is about 10 miles southwest of Marengo. Its housing prices are a little less expensive. The cost of the median home in Victor is $87,000, which is $11,500 (13%) lower than Marengo. Rent there is a bit more expensive. In Victor the median rent is $657 per month, which works out to $68 (10%) higher than Marengo.