Much like other places in this area, it is somewhat less expensive compared to the entire country. Compared to the city of Cedar Rapids however, it's a little more expensive.
Home prices
The cost of the median home in Center Point is $164,200. In comparison to nearby areas this is approximately $4,900 (3%) higher.In comparison to the country as a whole it is approximately $53,300 (24%) lower, and it is approximately $22,400 (15%) higher compared to the city of Cedar Rapids.
Rents
In Center Point the median rent is $729 per month. In comparison to nearby areas it is approximately $8 (1%) higher.Compared to the entire country it is about $333 (31%) lower, and in comparison to the city of Cedar Rapids is approximately $38 (4%) lower.
Nearby places
Urbana
Urbana is about 5 miles northwest from Center Point. Housing prices there are somewhat less expensive. The price of the median home in Urbana is $151,600, which comes out to $12,600 (8%) lower than Center Point. The rent there is a little less expensive. Urbana's median rent is $637 per month, which is $92 (14%) lower than Center Point.
Walker
Walker is about 6 miles north from Center Point. Its housing prices are somewhat less expensive. Walker's median home value is $138,400, which comes out to $25,800 (18%) lower than Center Point. Rent there is a bit less expensive. Walker's median monthly rent is $625, which works out to $104 (16%) lower than Center Point.
Shellsburg
Shellsburg is approximately 7 miles southwest from Center Point. Its real estate prices are a bit less expensive. The median home in Shellsburg costs $153,300, which works out to $10,900 (7%) lower than Center Point. Rents there are a bit more expensive. The median rent in Shellsburg is $769 a month, which is $40 (5%) higher than Center Point.
Alburnett
Alburnett is about 7 miles east from Center Point. Its housing prices are fairly similar. The median home in Alburnett is valued at $161,300, which comes out to $2,900 (1%) lower than Center Point. Its rents are somewhat less expensive. Alburnett's median rent is $570 per month, which is $159 (27%) lower than Center Point.
Palo
Palo is approximately 7 miles south from Center Point. Its real estate prices are a little more expensive. Palo's median home cost is $191,900, which is $27,700 (14%) higher than Center Point. The rent there is a little more expensive. Palo's median monthly rent is $1,006, which comes out to $277 (27%) higher than Center Point.
