Much like the surrounding areas, it's similar compared to the US as a whole. However compared to the city of Madison, it's somewhat less expensive.
Home prices
The value of the median home in Blue Mounds is $218,500. In comparison to the surrounding areas it is about $6,240 (2%) higher.It is is very similar compared to the entire nation, and compared to the city of Madison it is approximately $27,800 (11%) lower.
Rents
The median monthly rent in Blue Mounds is $1,150. This is about $265 (29%) higher in comparison to its nearby areas.In comparison to the nation as a whole it is approximately $88 (8%) higher, and is about $32 (2%) higher in comparison to the city of Madison.
Nearby places
Barneveld
Barneveld is roughly 3 miles west of Blue Mounds. The housing prices there are a little less expensive. The median home in Barneveld is valued at $184,500, which comes out to $34,000 (18%) lower than Blue Mounds. Rent there is a little less expensive. Barneveld's median monthly rent is $905, which works out to $245 (27%) lower than Blue Mounds.
Mount Horeb
Mount Horeb is about 4 miles east of Blue Mounds. Real estate prices there are somewhat more expensive. The median home in Mount Horeb costs $262,900, which comes out to $44,400 (16%) higher than Blue Mounds. Its rents are a bit less expensive. Mount Horeb's median monthly rent is $943, which works out to $207 (21%) lower than Blue Mounds.
Ridgeway
Ridgeway is about 7 miles west of Blue Mounds. Its real estate prices are a lot less expensive. The median home in Ridgeway costs $140,200, which comes out to $78,300 (55%) lower than Blue Mounds. The rent there is a lot less expensive. Ridgeway's median monthly rent is $800, which works out to $350 (43%) lower than Blue Mounds.
Black Earth
Black Earth is roughly 8 miles northeast of Blue Mounds. Real estate prices there are a little less expensive. The cost of the median home in Black Earth is $197,400, which is $21,100 (10%) lower than Blue Mounds. Its rents are substantially less expensive. The median rent in Black Earth is $759 per month, which works out to $391 (51%) lower than Blue Mounds.
Cross Plains
Cross Plains is approximately 9 miles northeast from Blue Mounds. The real estate prices there are a little more expensive. Cross Plains's median home value is $276,300, which works out to $57,800 (20%) higher than Blue Mounds. Its rents are somewhat less expensive. In Cross Plains the median monthly rent is $1,019, which is $131 (12%) lower than Blue Mounds.