Home prices
The median home price in Ramona is $61,000. It is about $62,400 (50%) lower compared to its nearby areas.In comparison to the nation as a whole it is about $156,500 (71%) lower, and in comparison to the city of Sioux Falls it is approximately $128,800 (67%) lower.
Rents
The median rent in Ramona is $575 a month. In comparison to its surrounding areas it is about $110 (16%) lower.Compared to the United States as a whole it is about $487 (45%) lower, and compared to the city of Sioux Falls is roughly $252 (30%) lower.
Nearby places
Oldham
Oldham is approximately 7 miles northwest from Ramona. Real estate prices there are significantly less expensive. Oldham's median home cost is $37,100, which works out to $23,900 (64%) lower than Ramona. Rent there is a little less expensive. The median rent in Oldham is $525 a month, which is $50 (9%) lower than Ramona.
Madison
Madison is roughly 8 miles southeast of Ramona. The housing prices there are significantly more expensive. The median home in Madison is valued at $123,900, which is $62,900 (50%) higher than Ramona. Its rents are fairly similar. Madison's median monthly rent is $564, which is $11 (1%) lower than Ramona.
Sinai
Sinai is about 10 miles northeast of Ramona. Real estate prices there are fairly similar. The median home value in Sinai is $60,000, which comes out to $1,000 (1%) lower than Ramona. Rent there is substantially more expensive. Sinai's median rent is $1,031 a month, which is $456 (44%) higher than Ramona.
Lake Madison
Lake Madison is about 13 miles southeast of Ramona. Real estate prices there are a lot more expensive. The median home in Lake Madison costs $360,400, which works out to $299,400 (83%) higher than Ramona. Rents there are a little more expensive. In Lake Madison the median rent is $719 per month, which works out to $144 (20%) higher than Ramona.
Wentworth
Wentworth is about 13 miles southeast from Ramona. Its housing prices are significantly less expensive. Wentworth's median home cost is $35,600, which is $25,400 (71%) lower than Ramona. The rent there is similar. In Wentworth the median monthly rent is $584, which works out to $9 (1%) higher than Ramona.