Home prices
The median home in Arena is valued at $153,700. This is approximately $26,360 (14%) lower compared to its surrounding areas.In comparison to the rest of the nation it is about $63,800 (29%) lower, and is roughly $92,600 (37%) lower compared to the city of Madison.
Rents
The median rent in Arena is $763 per month. In comparison to the surrounding areas it is approximately $39 (4%) lower.Compared to the US as a whole it is about $299 (28%) lower, and it is roughly $355 (31%) lower compared to the city of Madison.
Nearby places
Mazomanie
Mazomanie is roughly 4 miles east from Arena. Real estate prices there are a little more expensive. The median home price in Mazomanie is $190,000, which comes out to $36,300 (19%) higher than Arena. The rent there is fairly similar. Mazomanie's median rent is $784 per month, which is $21 (2%) higher than Arena.
Spring Green
Spring Green is roughly 6 miles west of Arena. Its housing prices are a bit more expensive. The median home in Spring Green costs $171,700, which comes out to $18,000 (10%) higher than Arena. Rent there is somewhat more expensive. In Spring Green the median monthly rent is $832, which works out to $69 (8%) higher than Arena.
Black Earth
Black Earth is roughly 7 miles east from Arena. Its housing prices are a bit more expensive. The median home value in Black Earth is $197,400, which works out to $43,700 (22%) higher than Arena. Its rents are fairly similar. Black Earth's median rent is $759 per month, which is very similar to Arena.
Plain
Plain is about 9 miles northwest from Arena. The housing prices there are similar. The price of the median home in Plain is $156,700, which is $3,000 (1%) higher than Arena. Rents there are fairly similar. Plain's median monthly rent is $728, which is $35 (4%) lower than Arena.
Barneveld
Barneveld is roughly 9 miles south from Arena. The real estate prices there are somewhat more expensive. Barneveld's median home value is $184,500, which works out to $30,800 (16%) higher than Arena. Its rents are a bit more expensive. In Barneveld the median rent is $905 per month, which works out to $142 (15%) higher than Arena.
