Much like other places in this area, it's a bit more expensive compared to the nation as a whole. Compared to the city of Chicago, it is close to average.
Home prices
The price of the median home in Pingree Grove is $269,100. In comparison to its nearby areas this is roughly $9,100 (3%) higher.It is approximately $51,600 (23%) higher compared to the rest of the nation, and it is about $11,100 (4%) higher in comparison to the city of Chicago.
Rents
Pingree Grove's median rent is $1,703 per month. Compared to the surrounding areas this is approximately $343 (25%) higher.In comparison to the nation as a whole it is roughly $641 (60%) higher, and in comparison to the city of Chicago is about $591 (53%) higher.
Nearby places
Hampshire
Hampshire is Pingree Grove's neighbor to the northwest. Housing prices there are somewhat less expensive. Hampshire's median home price is $217,000, which comes out to $52,100 (24%) lower than Pingree Grove. Its rents are substantially less expensive. In Hampshire the median monthly rent is $1,117, which is $586 (52%) lower than Pingree Grove.
Gilberts
Gilberts is about 3 miles northeast from Pingree Grove. The housing prices there are fairly similar. The value of the median home in Gilberts is $261,300, which comes out to $7,800 (2%) lower than Pingree Grove. The rent there is somewhat more expensive. Gilberts's median rent is $2,045 per month, which is $342 (16%) higher than Pingree Grove.
Huntley
Huntley is approximately 4 miles north of Pingree Grove. Its housing prices are a bit less expensive. The median home in Huntley is valued at $251,400, which is $17,700 (7%) lower than Pingree Grove. Its rents are significantly less expensive. The median monthly rent in Huntley is $1,231, which comes out to $472 (38%) lower than Pingree Grove.
Sleepy Hollow
Sleepy Hollow is about 5 miles east from Pingree Grove. Real estate prices there are a little more expensive. The median home price in Sleepy Hollow is $305,500, which comes out to $36,400 (11%) higher than Pingree Grove. Rent there is substantially less expensive. In Sleepy Hollow the median rent is $1,125 per month, which is $578 (51%) lower than Pingree Grove.
West Dundee
West Dundee is about 5 miles east of Pingree Grove. The real estate prices there are pretty similar. The median home in West Dundee is valued at $264,800, which is $4,300 (1%) lower than Pingree Grove. Its rents are significantly less expensive. West Dundee's median monthly rent is $1,281, which comes out to $422 (32%) lower than Pingree Grove.
