Home prices
The median home in Spalding is valued at $52,800. It is about $17,180 (24%) lower compared to other places in this area.It is approximately $164,700 (75%) lower in comparison to the United States as a whole, and compared to the city of Grand Island is about $88,000 (62%) lower.
Rents
The median monthly rent in Spalding is $660. In comparison to nearby areas this is approximately $62 (10%) higher.In comparison to the US as a whole it is approximately $402 (37%) lower, and in comparison to the city of Grand Island it is about $107 (13%) lower.
Nearby places
Greeley Center
Greeley Center is approximately 11 miles southwest of Spalding. Real estate prices there are a little less expensive. The price of the median home in Greeley Center is $47,000, which is $5,800 (12%) lower than Spalding. Rent there is significantly less expensive. Greeley Center's median rent is $447 a month, which is $213 (47%) lower than Spalding.
Cedar Rapids
Cedar Rapids is approximately 12 miles southeast of Spalding. The housing prices there are significantly more expensive. The median home in Cedar Rapids is valued at $80,000, which comes out to $27,200 (34%) higher than Spalding. Its rents are a bit more expensive. In Cedar Rapids the median rent is $758 per month, which works out to $98 (12%) higher than Spalding.
Ericson
Ericson is about 15 miles northwest from Spalding. The housing prices there are pretty similar. The median home cost in Ericson is $52,900, which is very similar to Spalding. Rent there is somewhat more expensive. Ericson's median rent is $730 per month, which comes out to $70 (9%) higher than Spalding.
Bartlett
Bartlett is approximately 15 miles northwest from Spalding. Its housing prices are somewhat less expensive. The median home value in Bartlett is $49,200, which comes out to $3,600 (7%) lower than Spalding. The rent there is a lot less expensive. In Bartlett the median monthly rent is $475, which is $185 (38%) lower than Spalding.
Albion
Albion is about 16 miles east of Spalding. The real estate prices there are significantly more expensive. The value of the median home in Albion is $120,800, which is $68,000 (56%) higher than Spalding. The rent there is a little less expensive. The median monthly rent in Albion is $580, which works out to $80 (13%) lower than Spalding.