Much like the surrounding areas, it is a lot less expensive compared to the nation as a whole. Compared to the city of Cincinnati, it is substantially less expensive.
Home prices
The price of the median home in Eldorado is $82,600. It is is very similar in comparison to the surrounding areas.Compared to the rest of the nation it is roughly $134,900 (62%) lower, and it is approximately $55,400 (40%) lower in comparison to the city of Cincinnati.
Rents
Eldorado's median monthly rent is $868. In comparison to the surrounding areas it is approximately $166 (23%) higher.It is approximately $194 (18%) lower in comparison to the rest of the nation, and compared to the city of Cincinnati it is about $130 (17%) higher.
Nearby places
West Manchester
West Manchester is about 2 miles east of Eldorado. Real estate prices there are a little less expensive. The price of the median home in West Manchester is $77,700, which works out to $4,900 (6%) lower than Eldorado. The rent there is a little more expensive. The median monthly rent in West Manchester is $953, which is $85 (8%) higher than Eldorado.
Castine
Castine is about 2 miles northeast from Eldorado. The real estate prices there are a bit more expensive. Castine's median home price is $101,300, which works out to $18,700 (18%) higher than Eldorado. Rent there is substantially less expensive. Castine's median rent is $538 per month, which comes out to $330 (61%) lower than Eldorado.
New Madison
New Madison is roughly 4 miles north of Eldorado. Its real estate prices are a little less expensive. The median home value in New Madison is $77,900, which is $4,700 (6%) lower than Eldorado. Rents there are somewhat less expensive. The median monthly rent in New Madison is $714, which works out to $154 (21%) lower than Eldorado.
Ithaca
Ithaca is approximately 6 miles east of Eldorado. The real estate prices there are fairly similar. The median home in Ithaca costs $83,300, which is very similar to Eldorado. The rent there is substantially less expensive. Ithaca's median monthly rent is $625, which is $243 (38%) lower than Eldorado.
New Paris
New Paris is about 6 miles southwest from Eldorado. Housing prices there are somewhat less expensive. The median home in New Paris is valued at $74,600, which works out to $8,000 (10%) lower than Eldorado. Its rents are somewhat less expensive. The median monthly rent in New Paris is $682, which is $186 (27%) lower than Eldorado.