Home prices
The median home price in Arcola is $95,900. This is approximately $15,980 (19%) higher compared to other places in this area.It is approximately $121,600 (55%) lower compared to the US as a whole, and it is roughly $65,900 (40%) lower in comparison to the city of Champaign.
Rents
Arcola's median monthly rent is $721. In comparison to the surrounding areas this is about $45 (6%) higher.In comparison to the entire nation it is roughly $341 (32%) lower, and in comparison to the city of Champaign is approximately $231 (24%) lower.
Nearby places
Humboldt
Humboldt is about 5 miles south from Arcola. Real estate prices there are a lot less expensive. The median home cost in Humboldt is $68,700, which works out to $27,200 (39%) lower than Arcola. Rent there is pretty similar. Humboldt's median monthly rent is $700, which comes out to $21 (3%) lower than Arcola.
Hindsboro
Hindsboro is roughly 7 miles east from Arcola. Its real estate prices are a lot less expensive. The median home in Hindsboro costs $56,300, which is $39,600 (70%) lower than Arcola. Rent there is a bit less expensive. Hindsboro's median monthly rent is $656, which is $65 (9%) lower than Arcola.
Tuscola
Tuscola is about 7 miles north of Arcola. Real estate prices there are a little more expensive. The median home cost in Tuscola is $115,500, which comes out to $19,600 (16%) higher than Arcola. Rent there is pretty similar. The median rent in Tuscola is $733 per month, which works out to $12 (1%) higher than Arcola.
Arthur
Arthur is approximately 7 miles west from Arcola. Housing prices there are a little more expensive. Arthur's median home value is $111,600, which is $15,700 (14%) higher than Arcola. Rent there is a little more expensive. The median monthly rent in Arthur is $801, which comes out to $80 (9%) higher than Arcola.
Garrett
Garrett is roughly 9 miles northwest from Arcola. Real estate prices there are substantially less expensive. The median home cost in Garrett is $47,500, which comes out to $48,400 (101%) lower than Arcola. Rents there are significantly less expensive. Garrett's median monthly rent is $488, which comes out to $233 (47%) lower than Arcola.