| Buchanan, MI | |
|---|---|
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| State | Michigan |
| Population | 4,304 |
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Compared to its nearby areas, Buchanan is somewhat more expensive, and it's substantially less expensive compared to the country as a whole. Compared to the city of Chicago, it's a lot less expensive.
Buchanan's median home cost is $109,700. Compared to nearby areas it is roughly $8,600 (8%) higher.Compared to the rest of the nation it is about $107,800 (49%) lower, and compared to the city of Chicago is about $148,300 (57%) lower.
In Buchanan the median rent is $674 per month. In comparison to the surrounding areas this is roughly $66 (8%) lower.Compared to the entire nation it is about $388 (36%) lower, and in comparison to the city of Chicago is about $438 (39%) lower.
Niles is roughly 5 miles east of Buchanan. The housing prices there are a little less expensive. The median home in Niles is valued at $85,400, which is $24,300 (28%) lower than Buchanan. The rent there is a bit less expensive. The median monthly rent in Niles is $635, which is $39 (6%) lower than Buchanan.
Galien is roughly 6 miles west of Buchanan. The housing prices there are a little less expensive. The median home cost in Galien is $91,300, which comes out to $18,400 (20%) lower than Buchanan. Its rents are a bit more expensive. In Galien the median rent is $792 per month, which is $118 (14%) higher than Buchanan.
Berrien Springs is about 7 miles north from Buchanan. Its real estate prices are a little more expensive. The median home in Berrien Springs costs $115,600, which is $5,900 (5%) higher than Buchanan. Rents there are somewhat more expensive. In Berrien Springs the median rent is $755 per month, which works out to $81 (10%) higher than Buchanan.
New Troy is roughly 8 miles northwest from Buchanan. Its housing prices are somewhat more expensive. The median home in New Troy costs $131,900, which is $22,200 (16%) higher than Buchanan. The rent there is somewhat more expensive. In New Troy the median monthly rent is $728, which is $54 (7%) higher than Buchanan.
Roseland is approximately 8 miles southeast from Buchanan. Its housing prices are substantially less expensive. The median home cost in Roseland is $81,300, which works out to $28,400 (34%) lower than Buchanan. Its rents are somewhat more expensive. Roseland's median rent is $788 a month, which works out to $114 (14%) higher than Buchanan.