Much like other places in this area, it is significantly less expensive compared to the rest of the country. It's substantially less expensive compared to the city of Madison.
Home prices
The median home in Durand is valued at $111,100. This is about $4,640 (4%) lower in comparison to nearby areas.Compared to the entire country it is approximately $106,400 (48%) lower, and in comparison to the city of Madison it is roughly $135,200 (54%) lower.
Rents
In Durand the median monthly rent is $662. It is about $149 (18%) lower in comparison to its nearby areas.It is approximately $400 (37%) lower compared to the entire nation, and is about $456 (40%) lower compared to the city of Madison.
Nearby places
Lake Summerset
Lake Summerset is roughly 3 miles west from Durand. Its real estate prices are significantly more expensive. The value of the median home in Lake Summerset is $165,300, which is $54,200 (32%) higher than Durand. Rent there is a little more expensive. The median monthly rent in Lake Summerset is $941, which works out to $279 (29%) higher than Durand.
Davis
Davis is about 3 miles west from Durand. The real estate prices there are somewhat less expensive. The median home value in Davis is $105,500, which works out to $5,600 (5%) lower than Durand. Rent there is somewhat more expensive. The median rent in Davis is $850 per month, which works out to $188 (22%) higher than Durand.
Rock City
Rock City is about 6 miles west from Durand. Housing prices there are somewhat less expensive. The value of the median home in Rock City is $99,100, which comes out to $12,000 (12%) lower than Durand. Rents there are a bit more expensive. The median monthly rent in Rock City is $725, which is $63 (8%) higher than Durand.
Pecatonica
Pecatonica is roughly 8 miles south of Durand. Its real estate prices are pretty similar. The price of the median home in Pecatonica is $114,500, which comes out to $3,400 (2%) higher than Durand. The rent there is somewhat more expensive. In Pecatonica the median rent is $865 per month, which comes out to $203 (23%) higher than Durand.
Dakota
Dakota is approximately 9 miles west from Durand. Its housing prices are a little less expensive. The median home in Dakota costs $94,300, which comes out to $16,800 (17%) lower than Durand. Its rents are pretty similar. The median rent in Dakota is $675 per month, which comes out to $13 (1%) higher than Durand.