Home prices
The median home in Channahon costs $224,500. Compared to nearby areas it is roughly $19,500 (9%) higher.Compared to the country as a whole it is about $7,000 (3%) higher, and compared to the city of Chicago is about $33,500 (12%) lower.
Rents
In Channahon the median monthly rent is $1,350. In comparison to other places in this area it is roughly $187 (16%) higher.It is roughly $288 (27%) higher in comparison to the nation as a whole, and compared to the city of Chicago is about $238 (21%) higher.
Nearby places
Minooka
Minooka is Channahon's neighbor to the northwest. The housing prices there are a little less expensive. The price of the median home in Minooka is $212,500, which works out to $12,000 (5%) lower than Channahon. Rents there are a bit less expensive. In Minooka the median monthly rent is $1,233, which works out to $117 (9%) lower than Channahon.
Joliet
Joliet is Channahon's neighbor to the northeast. The real estate prices there are a little less expensive. The median home in Joliet is valued at $181,100, which is $43,400 (23%) lower than Channahon. The rent there is a bit less expensive. In Joliet the median rent is $1,033 a month, which comes out to $317 (30%) lower than Channahon.
Elwood
Elwood is about 5 miles east of Channahon. The housing prices there are significantly less expensive. Elwood's median home cost is $168,800, which comes out to $55,700 (32%) lower than Channahon. Rent there is significantly less expensive. The median monthly rent in Elwood is $891, which works out to $459 (51%) lower than Channahon.
Shorewood
Shorewood is roughly 6 miles north of Channahon. Its housing prices are a little more expensive. The price of the median home in Shorewood is $262,600, which works out to $38,100 (14%) higher than Channahon. Rents there are somewhat more expensive. Shorewood's median rent is $1,685 per month, which works out to $335 (19%) higher than Channahon.
Morris
Morris is approximately 8 miles west from Channahon. Housing prices there are a little less expensive. The median home in Morris is valued at $200,000, which works out to $24,500 (12%) lower than Channahon. Its rents are substantially less expensive. Morris's median monthly rent is $973, which works out to $377 (38%) lower than Channahon.