Home prices
The median home in Marcellus is valued at $73,900. Compared to other places in this area this is roughly $13,440 (15%) lower.In comparison to the rest of the country it is approximately $143,600 (66%) lower, and in comparison to the city of Fort Wayne it is roughly $41,200 (35%) lower.
Rents
The median monthly rent in Marcellus is $879. Compared to the surrounding areas this is about $165 (23%) higher.Compared to the United States as a whole it is about $183 (17%) lower, and compared to the city of Fort Wayne it is about $115 (15%) higher.
Nearby places
Vandalia
Vandalia is roughly 8 miles southwest of Marcellus. Its housing prices are a lot less expensive. Vandalia's median home value is $37,900, which is $36,000 (94%) lower than Marcellus. The rent there is a little less expensive. In Vandalia the median monthly rent is $782, which comes out to $97 (12%) lower than Marcellus.
Decatur
Decatur is approximately 8 miles northwest of Marcellus. Housing prices there are a bit more expensive. The median home value in Decatur is $83,100, which is $9,200 (11%) higher than Marcellus. Rent there is a little less expensive. Decatur's median rent is $763 a month, which works out to $116 (15%) lower than Marcellus.
Lawton
Lawton is about 9 miles north of Marcellus. The real estate prices there are somewhat more expensive. The median home in Lawton is valued at $104,600, which comes out to $30,700 (29%) higher than Marcellus. Rent there is a lot less expensive. In Lawton the median monthly rent is $628, which is $251 (39%) lower than Marcellus.
Three Rivers
Three Rivers is about 9 miles southeast from Marcellus. The real estate prices there are somewhat more expensive. The median home in Three Rivers is valued at $85,900, which comes out to $12,000 (13%) higher than Marcellus. Rent there is somewhat less expensive. In Three Rivers the median rent is $691 a month, which comes out to $188 (27%) lower than Marcellus.
Schoolcraft
Schoolcraft is about 9 miles northeast from Marcellus. Real estate prices there are a lot more expensive. Schoolcraft's median home price is $125,200, which comes out to $51,300 (40%) higher than Marcellus. Its rents are a little less expensive. Schoolcraft's median rent is $708 per month, which comes out to $171 (24%) lower than Marcellus.