Home prices
The cost of the median home in Effingham is $126,800. It is about $21,280 (20%) higher in comparison to nearby areas.In comparison to the United States as a whole it is about $90,700 (41%) lower, and in comparison to the city of Champaign it is about $35,000 (21%) lower.
Rents
The median rent in Effingham is $599 a month. In comparison to its surrounding areas this is roughly $86 (12%) lower.Compared to the country as a whole it is roughly $463 (43%) lower, and is about $353 (37%) lower compared to the city of Champaign.
Nearby places
Teutopolis
Teutopolis is roughly 3 miles east of Effingham. The housing prices there are somewhat more expensive. The price of the median home in Teutopolis is $166,500, which is $39,700 (23%) higher than Effingham. Rent there is similar. In Teutopolis the median monthly rent is $614, which comes out to $15 (2%) higher than Effingham.
Shumway
Shumway is approximately 6 miles northwest from Effingham. Its real estate prices are substantially less expensive. Shumway's median home price is $78,900, which is $47,900 (60%) lower than Effingham. Rents there are a bit more expensive. Shumway's median monthly rent is $775, which comes out to $176 (22%) higher than Effingham.
Watson
Watson is approximately 6 miles south from Effingham. The real estate prices there are significantly less expensive. Watson's median home value is $75,400, which is $51,400 (68%) lower than Effingham. Its rents are somewhat less expensive. The median rent in Watson is $556 a month, which is $43 (7%) lower than Effingham.
Sigel
Sigel is about 7 miles north of Effingham. Real estate prices there are a bit more expensive. The value of the median home in Sigel is $144,800, which works out to $18,000 (12%) higher than Effingham. Its rents are somewhat more expensive. Sigel's median monthly rent is $775, which works out to $176 (22%) higher than Effingham.
Montrose
Montrose is approximately 8 miles east of Effingham. Housing prices there are substantially less expensive. The median home price in Montrose is $62,000, which comes out to $64,800 (104%) lower than Effingham. Rent there is somewhat more expensive. Montrose's median monthly rent is $706, which is $107 (15%) higher than Effingham.
