Home prices
The median home in Loves Park is valued at $111,900. Compared to nearby areas this is roughly $15,980 (12%) lower.Compared to the rest of the country it is approximately $105,600 (48%) lower, and compared to the city of Chicago is approximately $146,100 (56%) lower.
Rents
Loves Park's median monthly rent is $848. It is roughly $209 (19%) lower in comparison to its surrounding areas.It is roughly $214 (20%) lower in comparison to the rest of the nation, and in comparison to the city of Chicago it is about $264 (23%) lower.
Nearby places
Machesney Park
Machesney Park is Loves Park's neighbor to the northwest. Its housing prices are a little more expensive. The median home in Machesney Park is valued at $120,700, which is $8,800 (7%) higher than Loves Park. Rents there are a bit more expensive. The median monthly rent in Machesney Park is $956, which comes out to $108 (11%) higher than Loves Park.
Rockford
Rockford is Loves Park's neighbor to the southwest. Real estate prices there are a bit less expensive. The cost of the median home in Rockford is $91,600, which is $20,300 (22%) lower than Loves Park. The rent there is a little less expensive. The median monthly rent in Rockford is $772, which works out to $76 (9%) lower than Loves Park.
Caledonia
Caledonia is approximately 4 miles northeast from Loves Park. The housing prices there are a bit more expensive. The median home in Caledonia costs $133,300, which is $21,400 (16%) higher than Loves Park. Rents there are a bit more expensive. Caledonia's median monthly rent is $1,063, which works out to $215 (20%) higher than Loves Park.
Candlewick Lake
Candlewick Lake is approximately 5 miles east of Loves Park. Real estate prices there are somewhat more expensive. Candlewick Lake's median home cost is $130,800, which comes out to $18,900 (14%) higher than Loves Park. Rent there is a lot more expensive. The median monthly rent in Candlewick Lake is $1,393, which comes out to $545 (39%) higher than Loves Park.
Roscoe
Roscoe is roughly 5 miles north from Loves Park. Its housing prices are a bit more expensive. The price of the median home in Roscoe is $163,000, which works out to $51,100 (31%) higher than Loves Park. Its rents are somewhat more expensive. Roscoe's median rent is $1,102 per month, which works out to $254 (23%) higher than Loves Park.
