Home prices
The median home in Lynwood costs $150,800. Compared to its surrounding areas it is about $13,240 (9%) higher.In comparison to the entire nation it is roughly $66,700 (30%) lower, and is roughly $107,200 (41%) lower compared to the city of Chicago.
Rents
Lynwood's median rent is $913 a month. Compared to other places in this area it is roughly $149 (14%) lower.It is approximately $149 (14%) lower in comparison to the nation as a whole, and in comparison to the city of Chicago it is about $199 (17%) lower.
Nearby places
Ford Heights
Ford Heights is Lynwood's neighbor to the southwest. Housing prices there are significantly less expensive. Ford Heights's median home cost is $46,700, which is $104,100 (222%) lower than Lynwood. Rents there are somewhat less expensive. Ford Heights's median rent is $699 a month, which comes out to $214 (30%) lower than Lynwood.
Sauk Village
Sauk Village is Lynwood's neighbor to the south. Housing prices there are significantly less expensive. The median home price in Sauk Village is $70,400, which is $80,400 (114%) lower than Lynwood. Its rents are a little more expensive. Sauk Village's median monthly rent is $1,146, which works out to $233 (20%) higher than Lynwood.
Dyer
Dyer is Lynwood's neighbor to the southeast. Housing prices there are a little more expensive. The value of the median home in Dyer is $212,400, which is $61,600 (29%) higher than Lynwood. Its rents are a bit more expensive. In Dyer the median monthly rent is $1,311, which works out to $398 (30%) higher than Lynwood.
Lansing
Lansing is Lynwood's neighbor to the north. The housing prices there are a little less expensive. The price of the median home in Lansing is $129,900, which comes out to $20,900 (16%) lower than Lynwood. Rent there is a little more expensive. In Lansing the median rent is $1,004 per month, which works out to $91 (9%) higher than Lynwood.
Munster
Munster is about 2 miles northeast from Lynwood. Housing prices there are substantially more expensive. Munster's median home cost is $228,400, which works out to $77,600 (33%) higher than Lynwood. The rent there is somewhat more expensive. The median rent in Munster is $1,149 a month, which is $236 (20%) higher than Lynwood.