Home prices
The median home in Ceylon is valued at $34,100. In comparison to its nearby areas it is approximately $43,240 (55%) lower.Compared to the United States as a whole it is approximately $183,400 (84%) lower, and it is approximately $145,300 (80%) lower compared to the city of Mankato.
Rents
The median rent in Ceylon is $578 per month. It is roughly $65 (10%) lower in comparison to the surrounding areas.It is about $484 (45%) lower in comparison to the US as a whole, and it is approximately $321 (35%) lower compared to the city of Mankato.
Nearby places
Dunnell
Dunnell is about 6 miles west of Ceylon. The housing prices there are somewhat less expensive. Dunnell's median home price is $31,900, which works out to $2,200 (6%) lower than Ceylon. Rents there are somewhat more expensive. The median monthly rent in Dunnell is $725, which works out to $147 (20%) higher than Ceylon.
Welcome
Welcome is about 8 miles north from Ceylon. Its housing prices are substantially more expensive. The price of the median home in Welcome is $84,800, which works out to $50,700 (59%) higher than Ceylon. The rent there is similar. Welcome's median monthly rent is $580, which is very similar to Ceylon.
Sherburn
Sherburn is about 8 miles northwest from Ceylon. Its real estate prices are substantially more expensive. The median home in Sherburn is valued at $73,900, which comes out to $39,800 (53%) higher than Ceylon. Rent there is a bit more expensive. The median rent in Sherburn is $701 a month, which comes out to $123 (17%) higher than Ceylon.
Fairmont
Fairmont is roughly 10 miles northeast from Ceylon. The housing prices there are significantly more expensive. The median home in Fairmont is valued at $123,700, which works out to $89,600 (72%) higher than Ceylon. Rent there is somewhat more expensive. Fairmont's median monthly rent is $621, which comes out to $43 (6%) higher than Ceylon.
Armstrong
Armstrong is approximately 10 miles southeast of Ceylon. Its real estate prices are significantly more expensive. The median home in Armstrong costs $72,400, which is $38,300 (52%) higher than Ceylon. Its rents are pretty similar. In Armstrong the median rent is $586 per month, which works out to $8 (1%) higher than Ceylon.