Home prices
The median home in Cedar Point is valued at $79,300. This is roughly $28,160 (26%) lower compared to its nearby areas.In comparison to the entire nation it is approximately $138,200 (63%) lower, and compared to the city of Rockford it is approximately $12,300 (13%) lower.
Rents
The median monthly rent in Cedar Point is $781. Compared to other places in this area it is roughly $186 (31%) higher.It is roughly $281 (26%) lower in comparison to the country as a whole, and it is roughly $9 (1%) higher in comparison to the city of Rockford.
Nearby places
Standard
Standard is about 2 miles west from Cedar Point. Real estate prices there are pretty similar. Standard's median home value is $82,700, which is $3,400 (4%) higher than Cedar Point. Its rents are a lot less expensive. Standard's median monthly rent is $400, which works out to $381 (95%) lower than Cedar Point.
Oglesby
Oglesby is about 3 miles northeast from Cedar Point. Its real estate prices are a little more expensive. The cost of the median home in Oglesby is $99,500, which is $20,200 (20%) higher than Cedar Point. Rents there are a little less expensive. The median monthly rent in Oglesby is $604, which works out to $177 (29%) lower than Cedar Point.
Tonica
Tonica is roughly 4 miles southeast from Cedar Point. Its real estate prices are significantly more expensive. The median home value in Tonica is $121,400, which works out to $42,100 (34%) higher than Cedar Point. Rent there is substantially less expensive. The median rent in Tonica is $534 per month, which comes out to $247 (46%) lower than Cedar Point.
Granville
Granville is about 4 miles west of Cedar Point. Housing prices there are a little more expensive. The median home in Granville costs $106,300, which comes out to $27,000 (25%) higher than Cedar Point. Rents there are a little less expensive. In Granville the median monthly rent is $694, which comes out to $87 (12%) lower than Cedar Point.
Peru
Peru is approximately 5 miles north from Cedar Point. Real estate prices there are substantially more expensive. The cost of the median home in Peru is $127,400, which is $48,100 (37%) higher than Cedar Point. The rent there is pretty similar. In Peru the median rent is $744 per month, which works out to $37 (4%) lower than Cedar Point.
