Home prices
Alvan's median home price is $63,800. This is about $15,100 (19%) lower compared to nearby areas.In comparison to the rest of the country it is about $153,700 (70%) lower, and it is approximately $98,000 (60%) lower compared to the city of Champaign.
Rents
The median monthly rent in Alvan is $465. This is roughly $228 (32%) lower compared to its surrounding areas.In comparison to the nation as a whole it is about $597 (56%) lower, and compared to the city of Champaign is roughly $487 (51%) lower.
Nearby places
Bismarck
Bismarck is approximately 3 miles south from Alvan. Housing prices there are substantially more expensive. The median home in Bismarck costs $95,600, which is $31,800 (33%) higher than Alvan. The rent there is significantly more expensive. Bismarck's median rent is $750 per month, which is $285 (38%) higher than Alvan.
Henning
Henning is approximately 4 miles west of Alvan. Its housing prices are a little more expensive. The median home price in Henning is $68,000, which comes out to $4,200 (6%) higher than Alvan. Rent there is a little more expensive. The median monthly rent in Henning is $646, which is $181 (28%) higher than Alvan.
Rossville
Rossville is roughly 5 miles northwest from Alvan. Real estate prices there are somewhat more expensive. The median home cost in Rossville is $77,800, which works out to $14,000 (17%) higher than Alvan. Rent there is a bit more expensive. Rossville's median monthly rent is $578, which works out to $113 (19%) higher than Alvan.
State Line City
State Line City is about 8 miles southeast from Alvan. The housing prices there are somewhat more expensive. The median home in State Line City costs $76,700, which comes out to $12,900 (16%) higher than Alvan. Rents there are substantially more expensive. The median rent in State Line City is $850 a month, which comes out to $385 (45%) higher than Alvan.
Potomac
Potomac is about 8 miles west of Alvan. The housing prices there are a little more expensive. The median home in Potomac is valued at $76,400, which is $12,600 (16%) higher than Alvan. The rent there is somewhat more expensive. Potomac's median rent is $641 a month, which comes out to $176 (27%) higher than Alvan.