Similar to other places in this area, it's substantially less expensive compared to the US as a whole. Compared to the city of St. Louis, it's significantly less expensive.
Home prices
The median home price in Junction City is $82,900. It is is very similar in comparison to the surrounding areas.It is about $134,600 (61%) lower compared to the US as a whole, and it is about $55,800 (40%) lower compared to the city of St. Louis.
Rents
In Junction City the median rent is $573 a month. In comparison to other places in this area it is about $10 (1%) lower.It is about $489 (46%) lower in comparison to the US as a whole, and it is about $255 (30%) lower in comparison to the city of St. Louis.
Nearby places
Fredericktown
Fredericktown is Junction City's neighbor to the southwest. Real estate prices there are pretty similar. The median home in Fredericktown is valued at $85,900, which works out to $3,000 (3%) higher than Junction City. The rent there is a bit more expensive. Fredericktown's median rent is $721 a month, which works out to $148 (20%) higher than Junction City.
Cobalt
Cobalt is about 1 mile south from Junction City. Real estate prices there are a lot less expensive. Cobalt's median home cost is $28,400, which is $54,500 (191%) lower than Junction City. Rents there are fairly similar. Cobalt's median rent is $561 a month, which works out to $12 (2%) lower than Junction City.
Marquand
Marquand is roughly 11 miles southeast of Junction City. Its housing prices are a little less expensive. Marquand's median home value is $68,500, which is $14,400 (21%) lower than Junction City. The rent there is similar. The median rent in Marquand is $575 a month, which is very similar to Junction City.
Farmington
Farmington is roughly 16 miles northwest from Junction City. Housing prices there are substantially more expensive. The median home in Farmington is valued at $134,200, which comes out to $51,300 (38%) higher than Junction City. The rent there is somewhat more expensive. In Farmington the median rent is $700 per month, which works out to $127 (18%) higher than Junction City.
Arcadia
Arcadia is about 16 miles west of Junction City. Its housing prices are a little more expensive. The median home cost in Arcadia is $93,500, which works out to $10,600 (11%) higher than Junction City. Rent there is a lot less expensive. The median rent in Arcadia is $358 a month, which is $215 (60%) lower than Junction City.