Similar to its surrounding areas, it's substantially less expensive compared to the country as a whole. Compared to the city of Cedar Rapids however, it's a bit less expensive.
Home prices
The median home in Waukon is valued at $110,600. In comparison to the surrounding areas it is roughly $5,020 (4%) higher.In comparison to the nation as a whole it is roughly $106,900 (49%) lower, and compared to the city of Cedar Rapids is approximately $31,200 (22%) lower.
Rents
In Waukon the median rent is $545 a month. Compared to the surrounding areas this is approximately $87 (13%) lower.It is about $517 (48%) lower compared to the rest of the country, and in comparison to the city of Cedar Rapids it is approximately $222 (28%) lower.
Nearby places
Waterville
Waterville is about 8 miles southeast of Waukon. Real estate prices there are a lot less expensive. The median home price in Waterville is $60,000, which works out to $50,600 (84%) lower than Waukon. Its rents are a bit less expensive. Waterville's median rent is $488 a month, which works out to $57 (11%) lower than Waukon.
Lansing
Lansing is about 12 miles northeast of Waukon. The real estate prices there are fairly similar. The price of the median home in Lansing is $115,900, which comes out to $5,300 (4%) higher than Waukon. Rent there is a bit more expensive. The median monthly rent in Lansing is $694, which comes out to $149 (21%) higher than Waukon.
Postville
Postville is roughly 12 miles south from Waukon. Housing prices there are a little less expensive. The median home cost in Postville is $84,200, which is $26,400 (31%) lower than Waukon. The rent there is a bit more expensive. In Postville the median monthly rent is $722, which is $177 (24%) higher than Waukon.
Castalia
Castalia is roughly 13 miles southwest of Waukon. Real estate prices there are substantially less expensive. The price of the median home in Castalia is $78,100, which works out to $32,500 (41%) lower than Waukon. Its rents are somewhat more expensive. In Castalia the median rent is $621 per month, which comes out to $76 (12%) higher than Waukon.
Decorah
Decorah is about 13 miles west of Waukon. The housing prices there are significantly more expensive. The median home price in Decorah is $189,700, which is $79,100 (41%) higher than Waukon. The rent there is somewhat more expensive. Decorah's median monthly rent is $634, which comes out to $89 (14%) higher than Waukon.