Similar to other places in this area, it's a bit less expensive compared to the entire nation. However it is significantly less expensive compared to the city of Chicago.
Home prices
The median home in Crest Hill is valued at $169,200. In comparison to the surrounding areas this is about $7,140 (4%) lower.It is about $48,300 (22%) lower in comparison to the rest of the nation, and in comparison to the city of Chicago it is about $88,800 (34%) lower.
Rents
In Crest Hill the median monthly rent is $1,136. Compared to nearby areas this is about $126 (9%) lower.Compared to the nation as a whole it is approximately $74 (6%) higher, and it is roughly $24 (2%) higher in comparison to the city of Chicago.
Nearby places
Crystal Lawns
Crystal Lawns is Crest Hill's neighbor to the west. The real estate prices there are pretty similar. The median home value in Crystal Lawns is $166,600, which comes out to $2,600 (1%) lower than Crest Hill. Rent there is a bit more expensive. Crystal Lawns's median monthly rent is $1,358, which is $222 (16%) higher than Crest Hill.
Joliet
Joliet is Crest Hill's neighbor to the southwest. Its housing prices are a little more expensive. The median home in Joliet costs $181,100, which comes out to $11,900 (6%) higher than Crest Hill. The rent there is a bit less expensive. The median rent in Joliet is $1,033 a month, which is $103 (9%) lower than Crest Hill.
Romeoville
Romeoville is Crest Hill's neighbor to the north. The real estate prices there are a little more expensive. The median home in Romeoville is valued at $186,100, which comes out to $16,900 (9%) higher than Crest Hill. Rent there is a little more expensive. The median monthly rent in Romeoville is $1,552, which works out to $416 (26%) higher than Crest Hill.
Fairmont
Fairmont is approximately 2 miles east from Crest Hill. Real estate prices there are significantly less expensive. The value of the median home in Fairmont is $105,300, which is $63,900 (60%) lower than Crest Hill. Its rents are pretty similar. Fairmont's median monthly rent is $1,127, which is very similar to Crest Hill.
Lockport
Lockport is approximately 3 miles east of Crest Hill. The real estate prices there are a little more expensive. The cost of the median home in Lockport is $242,600, which works out to $73,400 (30%) higher than Crest Hill. The rent there is a bit more expensive. Lockport's median monthly rent is $1,241, which comes out to $105 (8%) higher than Crest Hill.