Home prices
The median home in Mancelona is valued at $75,400. It is about $31,380 (29%) lower in comparison to its nearby areas.It is approximately $142,100 (65%) lower compared to the country as a whole, and compared to the city of Mount Pleasant is about $62,300 (45%) lower.
Rents
The median monthly rent in Mancelona is $843. It is roughly $162 (23%) higher compared to other places in this area.In comparison to the entire nation it is roughly $219 (20%) lower, and compared to the city of Mount Pleasant is approximately $88 (11%) higher.
Nearby places
Bellaire
Bellaire is approximately 7 miles northwest from Mancelona. Its housing prices are a little more expensive. The median home in Bellaire costs $109,800, which comes out to $34,400 (31%) higher than Mancelona. The rent there is a bit less expensive. In Bellaire the median monthly rent is $640, which is $203 (31%) lower than Mancelona.
Manistee Lake
Manistee Lake is about 7 miles south from Mancelona. Its real estate prices are a lot more expensive. The value of the median home in Manistee Lake is $117,600, which comes out to $42,200 (35%) higher than Mancelona. The rent there is similar. The median monthly rent in Manistee Lake is $848, which is very similar to Mancelona.
Rapid City
Rapid City is about 10 miles southwest of Mancelona. Real estate prices there are substantially more expensive. The median home in Rapid City costs $138,400, which is $63,000 (45%) higher than Mancelona. Rents there are somewhat less expensive. In Rapid City the median rent is $729 a month, which comes out to $114 (15%) lower than Mancelona.
Kalkaska
Kalkaska is about 11 miles southwest of Mancelona. The real estate prices there are a little more expensive. The median home in Kalkaska is valued at $83,700, which is $8,300 (9%) higher than Mancelona. The rent there is substantially less expensive. In Kalkaska the median rent is $609 a month, which comes out to $234 (38%) lower than Mancelona.
Central Lake
Central Lake is approximately 13 miles northwest from Mancelona. Real estate prices there are a little more expensive. The price of the median home in Central Lake is $84,400, which works out to $9,000 (10%) higher than Mancelona. Its rents are a lot less expensive. Central Lake's median monthly rent is $581, which comes out to $262 (45%) lower than Mancelona.