Home prices
The value of the median home in Lacon is $85,700. It is about $7,540 (8%) lower compared to nearby areas.Compared to the rest of the country it is approximately $131,800 (60%) lower, and in comparison to the city of Rockford it is about $5,900 (6%) lower.
Rents
The median monthly rent in Lacon is $757. It is roughly $62 (8%) higher compared to nearby areas.It is roughly $305 (28%) lower in comparison to the nation as a whole, and in comparison to the city of Rockford is about $15 (1%) lower.
Nearby places
Sparland
Sparland is approximately 1 mile west of Lacon. Its housing prices are fairly similar. The median home in Sparland costs $83,500, which is $2,200 (2%) lower than Lacon. Its rents are somewhat less expensive. In Sparland the median monthly rent is $693, which works out to $64 (9%) lower than Lacon.
Henry
Henry is approximately 6 miles north of Lacon. The housing prices there are a little more expensive. The median home in Henry costs $95,300, which is $9,600 (10%) higher than Lacon. Its rents are a lot less expensive. Henry's median monthly rent is $528, which works out to $229 (43%) lower than Lacon.
Varna
Varna is about 8 miles east of Lacon. Its real estate prices are similar. The median home value in Varna is $85,000, which is very similar to Lacon. Its rents are fairly similar. In Varna the median monthly rent is $775, which comes out to $18 (2%) higher than Lacon.
Chillicothe
Chillicothe is about 8 miles southwest from Lacon. The real estate prices there are somewhat more expensive. The price of the median home in Chillicothe is $121,900, which comes out to $36,200 (29%) higher than Lacon. Its rents are pretty similar. Chillicothe's median rent is $724 a month, which works out to $33 (4%) lower than Lacon.
Washburn
Washburn is approximately 8 miles southeast of Lacon. Its real estate prices are a bit less expensive. The median home cost in Washburn is $80,500, which works out to $5,200 (6%) lower than Lacon. The rent there is fairly similar. Washburn's median rent is $756 per month, which is very similar to Lacon.