Home prices
The median home in Ericson is valued at $52,900. This is approximately $6,320 (10%) lower compared to its nearby areas.Compared to the United States as a whole it is approximately $164,600 (75%) lower, and it is roughly $87,900 (62%) lower compared to the city of Grand Island.
Rents
Ericson's median monthly rent is $730. This is roughly $232 (46%) higher in comparison to its nearby areas.It is roughly $332 (31%) lower compared to the US as a whole, and it is roughly $37 (4%) lower compared to the city of Grand Island.
Nearby places
Bartlett
Bartlett is about 8 miles northeast of Ericson. Housing prices there are a little less expensive. The median home value in Bartlett is $49,200, which comes out to $3,700 (7%) lower than Ericson. The rent there is substantially less expensive. The median monthly rent in Bartlett is $475, which works out to $255 (53%) lower than Ericson.
Spalding
Spalding is roughly 15 miles southeast of Ericson. Its housing prices are pretty similar. The price of the median home in Spalding is $52,800, which is very similar to Ericson. Rents there are somewhat less expensive. Spalding's median rent is $660 a month, which comes out to $70 (10%) lower than Ericson.
Ord
Ord is about 15 miles southwest from Ericson. The housing prices there are significantly more expensive. The cost of the median home in Ord is $97,300, which comes out to $44,400 (45%) higher than Ericson. The rent there is a little less expensive. In Ord the median rent is $556 per month, which comes out to $174 (31%) lower than Ericson.
Greeley Center
Greeley Center is roughly 16 miles southeast of Ericson. Real estate prices there are a little less expensive. Greeley Center's median home value is $47,000, which comes out to $5,900 (12%) lower than Ericson. The rent there is a lot less expensive. Greeley Center's median rent is $447 a month, which works out to $283 (63%) lower than Ericson.
North Loup
North Loup is approximately 19 miles south of Ericson. Real estate prices there are a bit less expensive. North Loup's median home value is $49,800, which is $3,100 (6%) lower than Ericson. Rents there are substantially less expensive. North Loup's median monthly rent is $350, which is $380 (108%) lower than Ericson.