Home prices
The value of the median home in Calumet Park is $106,600. In comparison to nearby areas it is approximately $13,200 (14%) higher.Compared to the rest of the nation it is roughly $110,900 (50%) lower, and compared to the city of Chicago is approximately $151,400 (58%) lower.
Rents
In Calumet Park the median monthly rent is $929. It is approximately $16 (1%) lower compared to its surrounding areas.Compared to the rest of the nation it is approximately $133 (12%) lower, and it is roughly $183 (16%) lower in comparison to the city of Chicago.
Nearby places
Blue Island
Blue Island is Calumet Park's neighbor to the southwest. Its real estate prices are a little more expensive. The median home cost in Blue Island is $122,700, which works out to $16,100 (13%) higher than Calumet Park. Rent there is a bit less expensive. In Blue Island the median rent is $867 a month, which is $62 (7%) lower than Calumet Park.
Riverdale
Riverdale is Calumet Park's neighbor to the southeast. The real estate prices there are significantly less expensive. The median home value in Riverdale is $79,000, which comes out to $27,600 (34%) lower than Calumet Park. Rent there is a little more expensive. In Riverdale the median monthly rent is $980, which is $51 (5%) higher than Calumet Park.
Dixmoor
Dixmoor is approximately 2 miles south from Calumet Park. The real estate prices there are a lot less expensive. The median home in Dixmoor is valued at $61,200, which is $45,400 (74%) lower than Calumet Park. Rents there are somewhat more expensive. In Dixmoor the median monthly rent is $1,004, which is $75 (7%) higher than Calumet Park.
Merrionette Park
Merrionette Park is about 2 miles northwest from Calumet Park. Its housing prices are somewhat more expensive. The median home in Merrionette Park is valued at $127,700, which works out to $21,100 (16%) higher than Calumet Park. Rent there is a bit more expensive. The median rent in Merrionette Park is $978 a month, which is $49 (5%) higher than Calumet Park.
Robbins
Robbins is about 2 miles southwest of Calumet Park. The real estate prices there are substantially less expensive. The median home in Robbins is valued at $76,400, which comes out to $30,200 (39%) lower than Calumet Park. Rents there are fairly similar. The median rent in Robbins is $894 a month, which works out to $35 (3%) lower than Calumet Park.