Home prices
The cost of the median home in Lomax is $66,500. This is roughly $18,640 (21%) lower compared to the surrounding areas.In comparison to the rest of the nation it is roughly $151,000 (69%) lower, and in comparison to the city of Iowa City it is approximately $148,600 (69%) lower.
Rents
The median monthly rent in Lomax is $575. In comparison to nearby areas it is approximately $91 (13%) lower.In comparison to the entire nation it is about $487 (45%) lower, and in comparison to the city of Iowa City it is about $392 (40%) lower.
Nearby places
Dallas City
Dallas City is roughly 4 miles southwest of Lomax. Its housing prices are somewhat more expensive. The median home in Dallas City is valued at $71,100, which comes out to $4,600 (6%) higher than Lomax. The rent there is fairly similar. Dallas City's median rent is $583 a month, which works out to $8 (1%) higher than Lomax.
La Harpe
La Harpe is approximately 7 miles southeast of Lomax. The real estate prices there are similar. La Harpe's median home cost is $68,200, which is $1,700 (2%) higher than Lomax. Its rents are a little more expensive. La Harpe's median monthly rent is $659, which is $84 (12%) higher than Lomax.
Stronghurst
Stronghurst is approximately 8 miles northeast from Lomax. Its real estate prices are somewhat more expensive. Stronghurst's median home value is $85,800, which comes out to $19,300 (22%) higher than Lomax. Its rents are somewhat less expensive. Stronghurst's median monthly rent is $540, which is $35 (6%) lower than Lomax.
Burlington
Burlington is roughly 8 miles north of Lomax. Its real estate prices are a bit more expensive. The price of the median home in Burlington is $93,200, which works out to $26,700 (28%) higher than Lomax. Rents there are a little more expensive. In Burlington the median monthly rent is $799, which comes out to $224 (28%) higher than Lomax.
West Burlington
West Burlington is approximately 10 miles northwest of Lomax. The housing prices there are significantly more expensive. West Burlington's median home cost is $107,400, which comes out to $40,900 (38%) higher than Lomax. Rent there is a little more expensive. The median monthly rent in West Burlington is $748, which comes out to $173 (23%) higher than Lomax.
