Is Redkey expensive?

Redkey, IN

State	Indiana
Population	1,490
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Redkey, IN

State

Population

1,490

Compared to nearby areas, Redkey is somewhat less expensive, and it's substantially less expensive compared to the US as a whole. Compared to the city of Fort Wayne, it's a lot less expensive.

Home prices

The median home in Redkey is valued at $53,800. Compared to its nearby areas this is approximately $8,300 (13%) lower.In comparison to the entire nation it is about $163,700 (75%) lower, and is approximately $61,300 (53%) lower compared to the city of Fort Wayne.

United States

Fort Wayne

Albany

Eaton

Pennville

Dunkirk

Redkey

Ridgeville

Comparison of median Redkey home price to nearby areas

Distribution of home prices for Redkey and nearby areas

Rents

In Redkey the median rent is $583 per month. It is about $78 (11%) lower in comparison to its surrounding areas.It is roughly $479 (45%) lower in comparison to the nation as a whole, and is approximately $181 (23%) lower in comparison to the city of Fort Wayne.

United States

Fort Wayne

Eaton

Dunkirk

Albany

Ridgeville

Redkey

Pennville

Comparison of median Redkey rent to nearby areas

Distribution of rents for Redkey and nearby areas

Nearby places

Dunkirk

Dunkirk is about 2 miles northwest of Redkey. Its real estate prices are a bit more expensive. The median home in Dunkirk is valued at $63,500, which works out to $9,700 (15%) higher than Redkey. The rent there is a bit more expensive. The median monthly rent in Dunkirk is $691, which comes out to $108 (15%) higher than Redkey.

Albany

Albany is approximately 4 miles southwest from Redkey. Its real estate prices are a little more expensive. The median home in Albany costs $71,400, which comes out to $17,600 (24%) higher than Redkey. Rent there is a little more expensive. The median monthly rent in Albany is $653, which comes out to $70 (10%) higher than Redkey.

Ridgeville

Ridgeville is approximately 6 miles southeast of Redkey. Real estate prices there are a little less expensive. The median home value in Ridgeville is $45,600, which is $8,200 (17%) lower than Redkey. The rent there is a bit more expensive. Ridgeville's median rent is $640 per month, which comes out to $57 (8%) higher than Redkey.

Eaton

Eaton is approximately 9 miles west from Redkey. The real estate prices there are a bit more expensive. The median home in Eaton is valued at $65,600, which works out to $11,800 (17%) higher than Redkey. Rents there are a bit more expensive. Eaton's median monthly rent is $759, which comes out to $176 (23%) higher than Redkey.

Pennville

Pennville is approximately 9 miles north of Redkey. Its housing prices are somewhat more expensive. The median home in Pennville costs $64,400, which works out to $10,600 (16%) higher than Redkey. Rents there are fairly similar. In Pennville the median monthly rent is $564, which comes out to $19 (3%) lower than Redkey.