Home prices
Cerro Gordo's median home price is $92,100. This is roughly $13,680 (12%) lower compared to other places in this area.Compared to the United States as a whole it is roughly $125,400 (57%) lower, and compared to the city of Champaign is approximately $69,700 (43%) lower.
Rents
The median rent in Cerro Gordo is $650 per month. This is roughly $84 (11%) lower compared to other places in this area.Compared to the country as a whole it is roughly $412 (38%) lower, and is about $302 (31%) lower in comparison to the city of Champaign.
Nearby places
Oreana
Oreana is about 6 miles northwest of Cerro Gordo. The housing prices there are a little more expensive. Oreana's median home cost is $97,200, which works out to $5,100 (5%) higher than Cerro Gordo. Rent there is a bit more expensive. The median rent in Oreana is $825 per month, which comes out to $175 (21%) higher than Cerro Gordo.
Argenta
Argenta is about 7 miles northwest of Cerro Gordo. Housing prices there are similar. The price of the median home in Argenta is $93,300, which is $1,200 (1%) higher than Cerro Gordo. Its rents are somewhat more expensive. Argenta's median monthly rent is $725, which works out to $75 (10%) higher than Cerro Gordo.
Long Creek
Long Creek is roughly 7 miles southwest of Cerro Gordo. Real estate prices there are a lot more expensive. The value of the median home in Long Creek is $145,200, which is $53,100 (36%) higher than Cerro Gordo. Rents there are a bit more expensive. In Long Creek the median monthly rent is $717, which is $67 (9%) higher than Cerro Gordo.
Bement
Bement is about 7 miles east from Cerro Gordo. The real estate prices there are similar. The median home in Bement is valued at $91,400, which is very similar to Cerro Gordo. Its rents are fairly similar. The median rent in Bement is $677 a month, which is $27 (3%) higher than Cerro Gordo.
Cisco
Cisco is about 8 miles north from Cerro Gordo. Real estate prices there are a bit more expensive. The median home in Cisco is valued at $101,800, which is $9,700 (9%) higher than Cerro Gordo. Rents there are a little more expensive. In Cisco the median rent is $725 a month, which works out to $75 (10%) higher than Cerro Gordo.