Similar to its nearby areas, it's a lot less expensive compared to the rest of the country. Compared to the city of Madison, it's significantly less expensive.
Home prices
The price of the median home in Mount Carroll is $87,000. It is roughly $1,480 (1%) higher in comparison to its surrounding areas.In comparison to the rest of the nation it is roughly $130,500 (60%) lower, and compared to the city of Madison is approximately $159,300 (64%) lower.
Rents
The median rent in Mount Carroll is $588 per month. It is about $80 (11%) lower in comparison to its surrounding areas.It is about $474 (44%) lower in comparison to the nation as a whole, and is about $530 (47%) lower compared to the city of Madison.
Nearby places
Lanark
Lanark is approximately 6 miles east from Mount Carroll. The real estate prices there are pretty similar. The median home in Lanark costs $86,300, which is very similar to Mount Carroll. Its rents are pretty similar. In Lanark the median rent is $600 a month, which works out to $12 (2%) higher than Mount Carroll.
Chadwick
Chadwick is roughly 6 miles southeast of Mount Carroll. Its housing prices are a little less expensive. The median home value in Chadwick is $70,200, which comes out to $16,800 (23%) lower than Mount Carroll. Rent there is somewhat more expensive. In Chadwick the median monthly rent is $714, which comes out to $126 (17%) higher than Mount Carroll.
Savanna
Savanna is roughly 7 miles west of Mount Carroll. Housing prices there are somewhat less expensive. The median home in Savanna costs $68,800, which works out to $18,200 (26%) lower than Mount Carroll. Its rents are similar. Savanna's median rent is $615 a month, which comes out to $27 (4%) higher than Mount Carroll.
Sabula
Sabula is roughly 8 miles west from Mount Carroll. Its real estate prices are pretty similar. The median home in Sabula costs $86,500, which is very similar to Mount Carroll. Its rents are a bit more expensive. Sabula's median rent is $625 per month, which comes out to $37 (5%) higher than Mount Carroll.
Thomson
Thomson is about 9 miles southwest of Mount Carroll. The housing prices there are a bit more expensive. The median home in Thomson costs $115,800, which comes out to $28,800 (24%) higher than Mount Carroll. Its rents are a bit more expensive. In Thomson the median rent is $785 per month, which works out to $197 (25%) higher than Mount Carroll.
