Home prices
Fredonia's median home price is $79,700. In comparison to its nearby areas this is roughly $63,960 (44%) lower.It is approximately $137,800 (63%) lower in comparison to the rest of the nation, and compared to the city of Cleveland is approximately $10,100 (14%) higher.
Rents
Fredonia's median rent is $500 per month. Compared to the surrounding areas this is about $335 (40%) lower.Compared to the United States as a whole it is about $562 (52%) lower, and compared to the city of Cleveland is approximately $219 (30%) lower.
Nearby places
Lake Latonka
Lake Latonka is about 4 miles southeast from Fredonia. Its housing prices are substantially more expensive. The median home price in Lake Latonka is $242,700, which comes out to $163,000 (67%) higher than Fredonia. Rents there are substantially more expensive. The median rent in Lake Latonka is $1,396 per month, which is $896 (64%) higher than Fredonia.
Mercer
Mercer is approximately 6 miles south from Fredonia. Housing prices there are somewhat more expensive. The median home in Mercer costs $112,700, which comes out to $33,000 (29%) higher than Fredonia. Rent there is a little more expensive. In Mercer the median monthly rent is $584, which is $84 (14%) higher than Fredonia.
Stoneboro
Stoneboro is about 6 miles east from Fredonia. Its real estate prices are somewhat more expensive. The median home in Stoneboro is valued at $100,600, which comes out to $20,900 (20%) higher than Fredonia. The rent there is somewhat more expensive. The median monthly rent in Stoneboro is $713, which is $213 (29%) higher than Fredonia.
Reynolds Heights
Reynolds Heights is approximately 6 miles west from Fredonia. Its real estate prices are somewhat more expensive. The value of the median home in Reynolds Heights is $102,900, which works out to $23,200 (22%) higher than Fredonia. Rent there is somewhat more expensive. Reynolds Heights's median rent is $561 a month, which works out to $61 (10%) higher than Fredonia.
Clark
Clark is about 7 miles west of Fredonia. Its housing prices are substantially more expensive. The median home value in Clark is $159,400, which works out to $79,700 (50%) higher than Fredonia. Rents there are substantially more expensive. In Clark the median monthly rent is $921, which is $421 (45%) higher than Fredonia.