Similar to nearby areas, it's significantly less expensive compared to the country as a whole. It's significantly less expensive compared to the city of Chicago.
Home prices
Iroquois's median home value is $78,000. It is roughly $2,860 (3%) lower compared to its surrounding areas.Compared to the nation as a whole it is about $139,500 (64%) lower, and compared to the city of Chicago it is roughly $180,000 (69%) lower.
Rents
The median monthly rent in Iroquois is $910. It is roughly $192 (26%) higher in comparison to the surrounding areas.In comparison to the entire country it is about $152 (14%) lower, and compared to the city of Chicago is roughly $202 (18%) lower.
Nearby places
Sheldon
Sheldon is roughly 3 miles south of Iroquois. Real estate prices there are somewhat less expensive. The median home in Sheldon is valued at $64,200, which comes out to $13,800 (21%) lower than Iroquois. The rent there is somewhat less expensive. Sheldon's median rent is $725 a month, which comes out to $185 (25%) lower than Iroquois.
Donovan
Donovan is roughly 3 miles north of Iroquois. Real estate prices there are somewhat less expensive. Donovan's median home value is $72,900, which works out to $5,100 (6%) lower than Iroquois. Rents there are a lot less expensive. Donovan's median monthly rent is $675, which is $235 (34%) lower than Iroquois.
Kentland
Kentland is approximately 7 miles southeast of Iroquois. The housing prices there are a little more expensive. The median home value in Kentland is $88,100, which comes out to $10,100 (11%) higher than Iroquois. The rent there is a little less expensive. In Kentland the median rent is $690 per month, which is $220 (31%) lower than Iroquois.
Watseka
Watseka is about 7 miles southwest of Iroquois. Its housing prices are a little more expensive. The median home in Watseka is valued at $85,500, which works out to $7,500 (8%) higher than Iroquois. Rents there are a lot less expensive. The median monthly rent in Watseka is $648, which works out to $262 (40%) lower than Iroquois.
Martinton
Martinton is roughly 8 miles northwest of Iroquois. The real estate prices there are somewhat more expensive. The cost of the median home in Martinton is $93,600, which works out to $15,600 (16%) higher than Iroquois. Its rents are a bit less expensive. The median rent in Martinton is $850 per month, which comes out to $60 (7%) lower than Iroquois.