Home prices
The median home in Gas City is valued at $88,600. It is about $5,180 (6%) higher in comparison to its nearby areas.It is about $128,900 (59%) lower compared to the rest of the nation, and in comparison to the city of Fort Wayne is about $26,500 (23%) lower.
Rents
The median rent in Gas City is $826 a month. Compared to its surrounding areas this is about $182 (28%) higher.It is approximately $236 (22%) lower compared to the nation as a whole, and in comparison to the city of Fort Wayne it is roughly $62 (8%) higher.
Nearby places
Jonesboro
Jonesboro is Gas City's neighbor to the west. Housing prices there are a little less expensive. Jonesboro's median home cost is $69,700, which comes out to $18,900 (27%) lower than Gas City. Rent there is a little less expensive. The median rent in Jonesboro is $754 a month, which is $72 (9%) lower than Gas City.
Upland
Upland is approximately 4 miles east of Gas City. Its real estate prices are somewhat more expensive. The median home in Upland costs $128,300, which is $39,700 (30%) higher than Gas City. The rent there is substantially less expensive. In Upland the median monthly rent is $611, which works out to $215 (35%) lower than Gas City.
Marion
Marion is approximately 5 miles northwest from Gas City. Its real estate prices are a bit less expensive. The cost of the median home in Marion is $67,800, which works out to $20,800 (30%) lower than Gas City. Rents there are somewhat less expensive. Marion's median rent is $673 a month, which comes out to $153 (22%) lower than Gas City.
Fairmount
Fairmount is about 5 miles southwest from Gas City. The real estate prices there are a little less expensive. Fairmount's median home price is $84,300, which is $4,300 (5%) lower than Gas City. The rent there is a lot less expensive. Fairmount's median rent is $542 a month, which works out to $284 (52%) lower than Gas City.
Fowlerton
Fowlerton is about 5 miles south of Gas City. Its housing prices are a lot less expensive. Fowlerton's median home price is $67,000, which comes out to $21,600 (32%) lower than Gas City. Rent there is somewhat less expensive. Fowlerton's median rent is $640 per month, which comes out to $186 (29%) lower than Gas City.