Similar to its surrounding areas, it is significantly less expensive compared to the US as a whole. Compared to the city of Cedar Rapids however, it is a little less expensive.
Home prices
Shell Rock's median home value is $118,900. In comparison to its surrounding areas it is about $2,100 (1%) lower.Compared to the entire country it is roughly $98,600 (45%) lower, and it is approximately $22,900 (16%) lower in comparison to the city of Cedar Rapids.
Rents
In Shell Rock the median rent is $548 a month. This is approximately $102 (15%) lower in comparison to the surrounding areas.Compared to the entire nation it is approximately $514 (48%) lower, and it is approximately $219 (28%) lower compared to the city of Cedar Rapids.
Nearby places
Waverly
Waverly is roughly 4 miles east of Shell Rock. The housing prices there are a little more expensive. The value of the median home in Waverly is $173,700, which works out to $54,800 (31%) higher than Shell Rock. Its rents are a little more expensive. In Waverly the median rent is $715 per month, which comes out to $167 (23%) higher than Shell Rock.
Clarksville
Clarksville is roughly 5 miles northwest from Shell Rock. The housing prices there are a bit less expensive. The median home in Clarksville costs $99,000, which works out to $19,900 (20%) lower than Shell Rock. The rent there is a bit more expensive. In Clarksville the median rent is $587 per month, which works out to $39 (6%) higher than Shell Rock.
Janesville
Janesville is approximately 6 miles southeast of Shell Rock. Housing prices there are somewhat more expensive. The median home cost in Janesville is $167,200, which comes out to $48,300 (28%) higher than Shell Rock. Its rents are somewhat more expensive. Janesville's median rent is $625 a month, which comes out to $77 (12%) higher than Shell Rock.
Plainfield
Plainfield is roughly 8 miles north of Shell Rock. The real estate prices there are substantially less expensive. The median home cost in Plainfield is $82,700, which works out to $36,200 (43%) lower than Shell Rock. The rent there is somewhat more expensive. In Plainfield the median monthly rent is $625, which works out to $77 (12%) higher than Shell Rock.
New Hartford
New Hartford is roughly 9 miles south from Shell Rock. Its housing prices are significantly less expensive. The median home value in New Hartford is $82,400, which is $36,500 (44%) lower than Shell Rock. Its rents are a bit more expensive. In New Hartford the median rent is $700 a month, which comes out to $152 (21%) higher than Shell Rock.
