Much like its nearby areas, it is significantly less expensive compared to the rest of the nation. Compared to the city of Champaign, it is substantially less expensive.
Home prices
The median home cost in Niantic is $84,000. Compared to its surrounding areas it is roughly $4,060 (4%) lower.It is approximately $133,500 (61%) lower in comparison to the rest of the nation, and it is roughly $77,800 (48%) lower compared to the city of Champaign.
Rents
In Niantic the median monthly rent is $575. In comparison to the surrounding areas this is about $45 (7%) lower.In comparison to the nation as a whole it is about $487 (45%) lower, and it is roughly $377 (39%) lower compared to the city of Champaign.
Nearby places
Illiopolis
Illiopolis is about 3 miles west from Niantic. Real estate prices there are similar. The median home value in Illiopolis is $88,400, which comes out to $4,400 (4%) higher than Niantic. Rent there is a bit more expensive. Illiopolis's median monthly rent is $625, which is $50 (7%) higher than Niantic.
Harristown
Harristown is about 4 miles east of Niantic. The housing prices there are a little more expensive. Harristown's median home cost is $92,600, which comes out to $8,600 (9%) higher than Niantic. The rent there is similar. The median monthly rent in Harristown is $596, which works out to $21 (3%) higher than Niantic.
Warrensburg
Warrensburg is roughly 7 miles northeast from Niantic. Its real estate prices are somewhat more expensive. The median home in Warrensburg costs $98,800, which is $14,800 (14%) higher than Niantic. Rent there is a little more expensive. In Warrensburg the median monthly rent is $619, which works out to $44 (7%) higher than Niantic.
Mount Auburn
Mount Auburn is roughly 7 miles southwest from Niantic. Its housing prices are a little less expensive. Mount Auburn's median home value is $69,200, which is $14,800 (21%) lower than Niantic. The rent there is a little more expensive. In Mount Auburn the median rent is $771 a month, which comes out to $196 (25%) higher than Niantic.
Latham
Latham is about 7 miles north from Niantic. The real estate prices there are a bit more expensive. The median home cost in Latham is $91,300, which works out to $7,300 (7%) higher than Niantic. Its rents are a bit less expensive. In Latham the median monthly rent is $488, which is $87 (17%) lower than Niantic.
