Home prices
The median home in Park City costs $14,700. This is roughly $248,260 (94%) lower compared to its surrounding areas.It is approximately $202,800 (93%) lower in comparison to the US as a whole, and compared to the city of Chicago it is about $243,300 (94%) lower.
Rents
The median rent in Park City is $923 per month. It is about $279 (23%) lower in comparison to its nearby areas.It is approximately $139 (13%) lower compared to the United States as a whole, and is roughly $189 (16%) lower compared to the city of Chicago.
Nearby places
Waukegan
Waukegan is Park City's neighbor to the northeast. Its housing prices are substantially more expensive. Waukegan's median home cost is $132,200, which comes out to $117,500 (88%) higher than Park City. Rents there are fairly similar. Waukegan's median rent is $960 per month, which is $37 (3%) higher than Park City.
Gurnee
Gurnee is Park City's neighbor to the northwest. Housing prices there are significantly more expensive. Gurnee's median home price is $259,500, which is $244,800 (94%) higher than Park City. Rents there are a little more expensive. In Gurnee the median monthly rent is $1,210, which is $287 (23%) higher than Park City.
North Chicago
North Chicago is about 2 miles southeast of Park City. Real estate prices there are significantly more expensive. North Chicago's median home value is $108,100, which is $93,400 (86%) higher than Park City. Rent there is a little more expensive. The median monthly rent in North Chicago is $1,193, which works out to $270 (22%) higher than Park City.
Green Oaks
Green Oaks is about 3 miles south from Park City. Housing prices there are significantly more expensive. The median home in Green Oaks is valued at $583,200, which is $568,500 (97%) higher than Park City. The rent there is a bit more expensive. In Green Oaks the median monthly rent is $1,200, which comes out to $277 (23%) higher than Park City.
Gages Lake
Gages Lake is approximately 3 miles west of Park City. The housing prices there are a lot more expensive. The median home value in Gages Lake is $231,800, which is $217,100 (93%) higher than Park City. Rent there is significantly more expensive. Gages Lake's median monthly rent is $1,449, which comes out to $526 (36%) higher than Park City.