Much like its nearby areas, it's a lot less expensive compared to the rest of the nation. Compared to the city of Chicago, it is significantly less expensive.
Home prices
The median home in Caledonia costs $133,300. Compared to nearby areas this is roughly $3,960 (2%) lower.It is about $84,200 (38%) lower in comparison to the country as a whole, and is about $124,700 (48%) lower in comparison to the city of Chicago.
Rents
Caledonia's median rent is $1,063 per month. Compared to nearby areas it is about $122 (10%) lower.It is is very similar compared to the rest of the country, and compared to the city of Chicago is roughly $49 (4%) lower.
Nearby places
Candlewick Lake
Candlewick Lake is Caledonia's neighbor to the southeast. The real estate prices there are pretty similar. The median home in Candlewick Lake is valued at $130,800, which comes out to $2,500 (1%) lower than Caledonia. Rent there is a little more expensive. Candlewick Lake's median monthly rent is $1,393, which is $330 (23%) higher than Caledonia.
Poplar Grove
Poplar Grove is Caledonia's neighbor to the southeast. Real estate prices there are a little more expensive. Poplar Grove's median home value is $159,900, which works out to $26,600 (16%) higher than Caledonia. Rents there are substantially more expensive. The median rent in Poplar Grove is $1,625 per month, which works out to $562 (34%) higher than Caledonia.
Loves Park
Loves Park is roughly 4 miles southwest of Caledonia. The real estate prices there are a bit less expensive. The median home cost in Loves Park is $111,900, which is $21,400 (19%) lower than Caledonia. The rent there is somewhat less expensive. The median rent in Loves Park is $848 per month, which comes out to $215 (25%) lower than Caledonia.
Machesney Park
Machesney Park is roughly 5 miles west of Caledonia. The housing prices there are a little less expensive. The median home in Machesney Park costs $120,700, which comes out to $12,600 (10%) lower than Caledonia. The rent there is a bit less expensive. Machesney Park's median rent is $956 a month, which is $107 (11%) lower than Caledonia.
Roscoe
Roscoe is approximately 6 miles northwest from Caledonia. Housing prices there are a little more expensive. Roscoe's median home price is $163,000, which works out to $29,700 (18%) higher than Caledonia. The rent there is pretty similar. The median rent in Roscoe is $1,102 per month, which works out to $39 (3%) higher than Caledonia.