Much like its nearby areas, it's significantly less expensive compared to the country as a whole. It is substantially less expensive compared to the city of Fayetteville.
Home prices
The median home in Cerro Gordo is valued at $73,400. In comparison to the surrounding areas it is roughly $3,080 (4%) lower.In comparison to the nation as a whole it is about $144,100 (66%) lower, and it is approximately $57,600 (43%) lower compared to the city of Fayetteville.
Rents
The median monthly rent in Cerro Gordo is $631. In comparison to nearby areas it is roughly $129 (25%) higher.Compared to the United States as a whole it is about $431 (40%) lower, and it is about $316 (33%) lower in comparison to the city of Fayetteville.
Nearby places
Chadbourn
Chadbourn is approximately 5 miles east from Cerro Gordo. Real estate prices there are pretty similar. The median home cost in Chadbourn is $71,200, which is $2,200 (3%) lower than Cerro Gordo. Rent there is substantially less expensive. The median monthly rent in Chadbourn is $463, which is $168 (36%) lower than Cerro Gordo.
Fair Bluff
Fair Bluff is approximately 5 miles west from Cerro Gordo. The real estate prices there are somewhat less expensive. The median home in Fair Bluff costs $60,400, which works out to $13,000 (21%) lower than Cerro Gordo. The rent there is significantly less expensive. In Fair Bluff the median rent is $265 per month, which comes out to $366 (138%) lower than Cerro Gordo.
Boardman
Boardman is about 8 miles north from Cerro Gordo. The housing prices there are a bit less expensive. The median home in Boardman costs $56,000, which is $17,400 (31%) lower than Cerro Gordo. Rent there is pretty similar. In Boardman the median monthly rent is $658, which is $27 (4%) higher than Cerro Gordo.
Marietta
Marietta is approximately 10 miles west from Cerro Gordo. The housing prices there are somewhat more expensive. Marietta's median home value is $84,000, which is $10,600 (12%) higher than Cerro Gordo. Rents there are a lot less expensive. Marietta's median monthly rent is $408, which is $223 (54%) lower than Cerro Gordo.
Brunswick
Brunswick is approximately 11 miles east from Cerro Gordo. Housing prices there are a lot more expensive. The median home in Brunswick costs $110,800, which is $37,400 (33%) higher than Cerro Gordo. Rents there are somewhat more expensive. In Brunswick the median monthly rent is $716, which works out to $85 (11%) higher than Cerro Gordo.
