Home prices
The median home cost in Nichols is $96,300. This is about $10,820 (10%) lower compared to its nearby areas.It is approximately $121,200 (55%) lower compared to the rest of the nation, and is approximately $45,500 (32%) lower in comparison to the city of Cedar Rapids.
Rents
Nichols's median monthly rent is $850. This is about $32 (3%) higher in comparison to other places in this area.It is roughly $212 (19%) lower compared to the nation as a whole, and compared to the city of Cedar Rapids it is roughly $83 (10%) higher.
Nearby places
Lone Tree
Lone Tree is roughly 5 miles west from Nichols. Its real estate prices are substantially more expensive. The median home in Lone Tree costs $156,200, which works out to $59,900 (38%) higher than Nichols. The rent there is a little less expensive. In Lone Tree the median monthly rent is $695, which works out to $155 (22%) lower than Nichols.
West Liberty
West Liberty is roughly 6 miles north of Nichols. The housing prices there are somewhat more expensive. West Liberty's median home price is $125,300, which is $29,000 (23%) higher than Nichols. Rents there are fairly similar. In West Liberty the median monthly rent is $889, which is $39 (4%) higher than Nichols.
Conesville
Conesville is about 6 miles south of Nichols. Real estate prices there are significantly less expensive. The median home value in Conesville is $62,500, which is $33,800 (54%) lower than Nichols. Its rents are a little less expensive. In Conesville the median monthly rent is $781, which comes out to $69 (8%) lower than Nichols.
Atalissa
Atalissa is about 8 miles northeast from Nichols. The housing prices there are somewhat more expensive. The cost of the median home in Atalissa is $108,900, which works out to $12,600 (11%) higher than Nichols. The rent there is pretty similar. In Atalissa the median rent is $813 a month, which works out to $37 (4%) lower than Nichols.
Letts
Letts is roughly 10 miles south from Nichols. The real estate prices there are somewhat less expensive. Letts's median home cost is $82,700, which is $13,600 (16%) lower than Nichols. Its rents are a little more expensive. The median rent in Letts is $914 per month, which works out to $64 (7%) higher than Nichols.
