Home prices
The median home value in Traer is $118,400. It is approximately $26,080 (28%) higher compared to its nearby areas.It is roughly $99,100 (45%) lower compared to the entire country, and compared to the city of Des Moines is approximately $14,800 (11%) lower.
Rents
In Traer the median monthly rent is $719. Compared to the surrounding areas this is about $20 (2%) higher.Compared to the United States as a whole it is about $343 (32%) lower, and it is about $136 (15%) lower in comparison to the city of Des Moines.
Nearby places
Dysart
Dysart is approximately 6 miles east from Traer. Its housing prices are a little more expensive. The median home value in Dysart is $124,900, which is $6,500 (5%) higher than Traer. The rent there is somewhat more expensive. In Dysart the median rent is $769 a month, which is $50 (6%) higher than Traer.
Clutier
Clutier is roughly 7 miles south of Traer. The real estate prices there are substantially less expensive. Clutier's median home cost is $53,600, which works out to $64,800 (120%) lower than Traer. The rent there is somewhat more expensive. The median monthly rent in Clutier is $781, which is $62 (7%) higher than Traer.
Reinbeck
Reinbeck is roughly 10 miles northwest from Traer. The real estate prices there are pretty similar. Reinbeck's median home value is $123,400, which comes out to $5,000 (4%) higher than Traer. Rents there are a bit less expensive. In Reinbeck the median rent is $637 a month, which works out to $82 (12%) lower than Traer.
Gladbrook
Gladbrook is roughly 10 miles west from Traer. The real estate prices there are a little less expensive. Gladbrook's median home cost is $92,200, which is $26,200 (28%) lower than Traer. The rent there is somewhat less expensive. Gladbrook's median rent is $581 per month, which works out to $138 (23%) lower than Traer.
Lincoln
Lincoln is approximately 11 miles northwest from Traer. Real estate prices there are a lot less expensive. Lincoln's median home cost is $67,500, which works out to $50,900 (75%) lower than Traer. The rent there is pretty similar. Lincoln's median rent is $725 per month, which is very similar to Traer.