Home prices
The cost of the median home in Fairbank is $139,900. In comparison to other places in this area this is about $37,020 (35%) higher.Compared to the entire country it is about $77,600 (35%) lower, and compared to the city of Cedar Rapids is about $1,900 (1%) lower.
Rents
Fairbank's median rent is $700 per month. It is approximately $111 (18%) higher in comparison to nearby areas.It is approximately $362 (34%) lower compared to the entire nation, and compared to the city of Cedar Rapids it is approximately $67 (8%) lower.
Nearby places
Oelwein
Oelwein is approximately 6 miles east of Fairbank. The real estate prices there are a lot less expensive. The median home in Oelwein costs $82,200, which comes out to $57,700 (70%) lower than Fairbank. Rent there is somewhat less expensive. The median monthly rent in Oelwein is $650, which works out to $50 (7%) lower than Fairbank.
Hazleton
Hazleton is approximately 6 miles east from Fairbank. Its housing prices are a lot less expensive. The median home in Hazleton costs $82,000, which comes out to $57,900 (70%) lower than Fairbank. Its rents are a bit less expensive. In Hazleton the median rent is $567 per month, which comes out to $133 (23%) lower than Fairbank.
Dunkerton
Dunkerton is roughly 6 miles southwest of Fairbank. Its housing prices are somewhat more expensive. The median home in Dunkerton costs $152,300, which comes out to $12,400 (8%) higher than Fairbank. The rent there is somewhat less expensive. The median rent in Dunkerton is $606 per month, which comes out to $94 (15%) lower than Fairbank.
Westgate
Westgate is roughly 8 miles north of Fairbank. Its housing prices are a lot less expensive. Westgate's median home price is $67,500, which comes out to $72,400 (107%) lower than Fairbank. Rent there is a little less expensive. In Westgate the median monthly rent is $600, which works out to $100 (16%) lower than Fairbank.
Readlyn
Readlyn is roughly 8 miles northwest of Fairbank. Its housing prices are somewhat less expensive. The median home in Readlyn is valued at $130,400, which works out to $9,500 (7%) lower than Fairbank. Its rents are significantly less expensive. Readlyn's median rent is $522 a month, which comes out to $178 (34%) lower than Fairbank.
