Home prices
The median home in Shumway costs $78,900. It is roughly $40,040 (33%) lower in comparison to its nearby areas.It is about $138,600 (63%) lower in comparison to the entire country, and compared to the city of Champaign is roughly $82,900 (51%) lower.
Rents
Shumway's median rent is $775 a month. This is roughly $153 (24%) higher compared to the surrounding areas.In comparison to the entire country it is about $287 (27%) lower, and it is approximately $177 (18%) lower in comparison to the city of Champaign.
Nearby places
Stewardson
Stewardson is roughly 5 miles north of Shumway. The real estate prices there are a little more expensive. The value of the median home in Stewardson is $91,200, which comes out to $12,300 (13%) higher than Shumway. Its rents are significantly less expensive. The median rent in Stewardson is $582 per month, which works out to $193 (33%) lower than Shumway.
Beecher City
Beecher City is approximately 6 miles west of Shumway. The housing prices there are somewhat less expensive. The cost of the median home in Beecher City is $65,400, which works out to $13,500 (20%) lower than Shumway. Rent there is substantially less expensive. Beecher City's median rent is $538 a month, which comes out to $237 (44%) lower than Shumway.
Effingham
Effingham is about 6 miles southeast of Shumway. Housing prices there are a lot more expensive. The median home cost in Effingham is $126,800, which comes out to $47,900 (37%) higher than Shumway. Rents there are a little less expensive. The median monthly rent in Effingham is $599, which is $176 (29%) lower than Shumway.
Sigel
Sigel is about 7 miles east of Shumway. Its housing prices are significantly more expensive. Sigel's median home cost is $144,800, which works out to $65,900 (45%) higher than Shumway. Rent there is pretty similar. In Sigel the median rent is $775 per month, which is very similar to Shumway.
Teutopolis
Teutopolis is approximately 8 miles southeast of Shumway. Housing prices there are substantially more expensive. The price of the median home in Teutopolis is $166,500, which comes out to $87,600 (52%) higher than Shumway. The rent there is a bit less expensive. Teutopolis's median monthly rent is $614, which is $161 (26%) lower than Shumway.