Home prices
The median home in Volo costs $207,200. Compared to the surrounding areas it is approximately $45,860 (28%) higher.Compared to the entire country it is roughly $10,300 (4%) lower, and is about $50,800 (19%) lower in comparison to the city of Chicago.
Rents
Volo's median rent is $1,600 per month. Compared to its nearby areas this is approximately $258 (19%) higher.It is roughly $538 (50%) higher in comparison to the country as a whole, and in comparison to the city of Chicago is roughly $488 (43%) higher.
Nearby places
Lakemoor
Lakemoor is Volo's neighbor to the west. The real estate prices there are somewhat less expensive. The median home in Lakemoor is valued at $182,000, which works out to $25,200 (13%) lower than Volo. Rents there are a bit less expensive. In Lakemoor the median monthly rent is $1,368, which comes out to $232 (16%) lower than Volo.
Round Lake
Round Lake is roughly 2 miles east of Volo. Housing prices there are pretty similar. Round Lake's median home cost is $197,800, which is $9,400 (4%) lower than Volo. Rents there are somewhat less expensive. The median monthly rent in Round Lake is $1,274, which comes out to $326 (25%) lower than Volo.
Long Lake
Long Lake is roughly 3 miles northeast of Volo. The real estate prices there are a lot less expensive. The median home in Long Lake costs $155,800, which comes out to $51,400 (32%) lower than Volo. Its rents are significantly less expensive. In Long Lake the median rent is $1,210 a month, which is $390 (32%) lower than Volo.
Holiday Hills
Holiday Hills is roughly 3 miles southwest of Volo. The housing prices there are substantially less expensive. The median home in Holiday Hills costs $149,200, which comes out to $58,000 (38%) lower than Volo. The rent there is fairly similar. Holiday Hills's median rent is $1,658 a month, which is $58 (3%) higher than Volo.
Round Lake Park
Round Lake Park is about 3 miles east of Volo. The housing prices there are a lot less expensive. The price of the median home in Round Lake Park is $121,900, which works out to $85,300 (69%) lower than Volo. Rents there are substantially less expensive. In Round Lake Park the median monthly rent is $1,198, which works out to $402 (33%) lower than Volo.
