Home prices
The median home in Cement City costs $73,200. In comparison to its nearby areas this is about $31,960 (30%) lower.It is roughly $144,300 (66%) lower in comparison to the US as a whole, and in comparison to the city of Detroit it is approximately $24,000 (48%) higher.
Rents
The median monthly rent in Cement City is $694. Compared to nearby areas this is approximately $39 (6%) higher.It is roughly $368 (34%) lower compared to the entire country, and it is about $130 (15%) lower compared to the city of Detroit.
Nearby places
Brooklyn
Brooklyn is about 4 miles northeast from Cement City. Its housing prices are substantially more expensive. The value of the median home in Brooklyn is $129,400, which comes out to $56,200 (43%) higher than Cement City. Rents there are somewhat less expensive. The median monthly rent in Brooklyn is $645, which comes out to $49 (7%) lower than Cement City.
Vineyard Lake
Vineyard Lake is about 5 miles east of Cement City. The real estate prices there are a lot more expensive. The median home cost in Vineyard Lake is $115,800, which comes out to $42,600 (36%) higher than Cement City. Rent there is a bit less expensive. In Vineyard Lake the median monthly rent is $628, which comes out to $66 (10%) lower than Cement City.
Addison
Addison is about 5 miles south of Cement City. Its real estate prices are a little more expensive. The cost of the median home in Addison is $92,100, which comes out to $18,900 (20%) higher than Cement City. The rent there is somewhat less expensive. In Addison the median rent is $658 per month, which works out to $36 (5%) lower than Cement City.
Onsted
Onsted is roughly 7 miles southeast of Cement City. Its housing prices are significantly more expensive. The median home in Onsted costs $128,300, which works out to $55,100 (42%) higher than Cement City. Rent there is a little less expensive. Onsted's median monthly rent is $653, which works out to $41 (6%) lower than Cement City.
Napoleon
Napoleon is about 7 miles northeast of Cement City. The real estate prices there are somewhat less expensive. The price of the median home in Napoleon is $60,200, which is $13,000 (21%) lower than Cement City. Its rents are pretty similar. The median rent in Napoleon is $689 per month, which is very similar to Cement City.