Much like its nearby areas, it is a little less expensive compared to the entire nation. However it is substantially less expensive compared to the city of Chicago.
Home prices
Braidwood's median home value is $162,400. It is approximately $4,240 (2%) higher in comparison to other places in this area.In comparison to the country as a whole it is approximately $55,100 (25%) lower, and is about $95,600 (37%) lower in comparison to the city of Chicago.
Rents
Braidwood's median monthly rent is $979. It is roughly $103 (9%) lower compared to other places in this area.In comparison to the entire nation it is approximately $83 (7%) lower, and is roughly $133 (11%) lower in comparison to the city of Chicago.
Nearby places
Diamond
Diamond is Braidwood's neighbor to the northwest. Housing prices there are a little more expensive. The value of the median home in Diamond is $194,600, which works out to $32,200 (16%) higher than Braidwood. The rent there is a bit more expensive. Diamond's median monthly rent is $1,076, which comes out to $97 (9%) higher than Braidwood.
Godley
Godley is Braidwood's neighbor to the southwest. Real estate prices there are significantly less expensive. The median home cost in Godley is $107,100, which is $55,300 (51%) lower than Braidwood. The rent there is somewhat less expensive. In Godley the median monthly rent is $914, which comes out to $65 (7%) lower than Braidwood.
Coal City
Coal City is Braidwood's neighbor to the west. The real estate prices there are a bit more expensive. The median home value in Coal City is $197,100, which comes out to $34,700 (17%) higher than Braidwood. Rents there are similar. Coal City's median monthly rent is $1,006, which is $27 (2%) higher than Braidwood.
Braceville
Braceville is Braidwood's neighbor to the south. Housing prices there are a bit less expensive. Braceville's median home cost is $136,000, which is $26,400 (19%) lower than Braidwood. Rents there are a little more expensive. In Braceville the median monthly rent is $1,226, which comes out to $247 (20%) higher than Braidwood.
Carbon Hill
Carbon Hill is approximately 3 miles northwest of Braidwood. Its real estate prices are fairly similar. The median home in Carbon Hill is valued at $156,000, which works out to $6,400 (4%) lower than Braidwood. Rent there is a little more expensive. Carbon Hill's median rent is $1,188 per month, which works out to $209 (17%) higher than Braidwood.