Home prices
The median home in Valparaiso costs $185,800. Compared to other places in this area this is about $12,560 (7%) higher.It is roughly $31,700 (14%) lower compared to the entire country, and in comparison to the city of Chicago is approximately $72,200 (27%) lower.
Rents
In Valparaiso the median rent is $925 per month. It is roughly $104 (10%) lower compared to its surrounding areas.Compared to the United States as a whole it is roughly $137 (12%) lower, and is about $187 (16%) lower in comparison to the city of Chicago.
Nearby places
Aberdeen
Aberdeen is approximately 3 miles southwest of Valparaiso. The housing prices there are substantially more expensive. Aberdeen's median home cost is $345,000, which comes out to $159,200 (46%) higher than Valparaiso. The rent there is somewhat more expensive. In Aberdeen the median rent is $1,327 a month, which works out to $402 (30%) higher than Valparaiso.
Salt Creek Commons
Salt Creek Commons is about 4 miles northwest of Valparaiso. Its real estate prices are a lot less expensive. The median home in Salt Creek Commons costs $135,500, which works out to $50,300 (37%) lower than Valparaiso. Rent there is somewhat more expensive. Salt Creek Commons's median monthly rent is $1,220, which is $295 (24%) higher than Valparaiso.
South Haven
South Haven is about 5 miles northwest from Valparaiso. The housing prices there are a lot less expensive. The median home in South Haven costs $120,700, which comes out to $65,100 (53%) lower than Valparaiso. Rents there are pretty similar. South Haven's median monthly rent is $954, which comes out to $29 (3%) higher than Valparaiso.
Westville
Westville is roughly 7 miles northeast from Valparaiso. Housing prices there are significantly less expensive. The price of the median home in Westville is $129,100, which is $56,700 (43%) lower than Valparaiso. The rent there is a lot less expensive. The median rent in Westville is $583 a month, which is $342 (58%) lower than Valparaiso.
Wanatah
Wanatah is roughly 7 miles southeast of Valparaiso. Its housing prices are a lot less expensive. The value of the median home in Wanatah is $135,900, which works out to $49,900 (36%) lower than Valparaiso. Rent there is a little more expensive. In Wanatah the median rent is $1,063 per month, which comes out to $138 (12%) higher than Valparaiso.
