Similar to nearby areas, it is a little less expensive compared to the entire nation. However it's substantially less expensive compared to the city of Chicago.
Home prices
The median home in Mazon is valued at $151,100. It is approximately $6,060 (4%) higher in comparison to the surrounding areas.It is approximately $66,400 (30%) lower compared to the entire country, and is about $106,900 (41%) lower in comparison to the city of Chicago.
Rents
The median monthly rent in Mazon is $969. It is approximately $69 (6%) lower in comparison to its nearby areas.It is about $93 (8%) lower compared to the nation as a whole, and compared to the city of Chicago it is roughly $143 (12%) lower.
Nearby places
Verona
Verona is roughly 4 miles southwest from Mazon. The housing prices there are a lot less expensive. The median home in Verona costs $106,300, which works out to $44,800 (42%) lower than Mazon. Rents there are a bit more expensive. In Verona the median monthly rent is $1,125, which comes out to $156 (13%) higher than Mazon.
Gardner
Gardner is roughly 5 miles southeast of Mazon. Its real estate prices are somewhat less expensive. The price of the median home in Gardner is $138,000, which works out to $13,100 (9%) lower than Mazon. Rent there is fairly similar. In Gardner the median monthly rent is $944, which comes out to $25 (2%) lower than Mazon.
Carbon Hill
Carbon Hill is roughly 6 miles northeast from Mazon. The real estate prices there are pretty similar. The value of the median home in Carbon Hill is $156,000, which comes out to $4,900 (3%) higher than Mazon. Rents there are a little more expensive. Carbon Hill's median rent is $1,188 a month, which comes out to $219 (18%) higher than Mazon.
Coal City
Coal City is approximately 6 miles east from Mazon. Its housing prices are somewhat more expensive. The median home in Coal City costs $197,100, which comes out to $46,000 (23%) higher than Mazon. Rent there is pretty similar. The median monthly rent in Coal City is $1,006, which comes out to $37 (3%) higher than Mazon.
South Wilmington
South Wilmington is about 7 miles southeast from Mazon. Housing prices there are a bit less expensive. The median home cost in South Wilmington is $127,800, which comes out to $23,300 (18%) lower than Mazon. Rent there is similar. South Wilmington's median monthly rent is $925, which is $44 (4%) lower than Mazon.