Home prices
The value of the median home in Fort Madison is $81,600. This is approximately $15,340 (15%) lower compared to other places in this area.In comparison to the country as a whole it is approximately $135,900 (62%) lower, and it is roughly $60,200 (42%) lower compared to the city of Cedar Rapids.
Rents
In Fort Madison the median monthly rent is $709. Compared to nearby areas it is about $89 (14%) higher.Compared to the entire country it is about $353 (33%) lower, and is roughly $58 (7%) lower compared to the city of Cedar Rapids.
Nearby places
Nauvoo
Nauvoo is roughly 5 miles south of Fort Madison. Its housing prices are a bit more expensive. Nauvoo's median home cost is $103,300, which is $21,700 (21%) higher than Fort Madison. Rents there are fairly similar. In Nauvoo the median rent is $696 per month, which is $13 (1%) lower than Fort Madison.
Montrose
Montrose is roughly 7 miles southwest of Fort Madison. The real estate prices there are a little more expensive. Montrose's median home value is $86,100, which comes out to $4,500 (5%) higher than Fort Madison. Its rents are somewhat less expensive. In Montrose the median rent is $625 per month, which is $84 (13%) lower than Fort Madison.
West Point
West Point is approximately 7 miles northwest of Fort Madison. The housing prices there are substantially more expensive. The median home value in West Point is $120,600, which comes out to $39,000 (32%) higher than Fort Madison. The rent there is a little less expensive. West Point's median monthly rent is $540, which works out to $169 (31%) lower than Fort Madison.
Dallas City
Dallas City is roughly 8 miles east of Fort Madison. Real estate prices there are somewhat less expensive. The median home price in Dallas City is $71,100, which comes out to $10,500 (14%) lower than Fort Madison. Rents there are a little less expensive. The median rent in Dallas City is $583 a month, which works out to $126 (21%) lower than Fort Madison.
Donnellson
Donnellson is about 9 miles west from Fort Madison. Real estate prices there are a little more expensive. The median home value in Donnellson is $103,600, which works out to $22,000 (21%) higher than Fort Madison. Rents there are a little less expensive. The median monthly rent in Donnellson is $654, which comes out to $55 (8%) lower than Fort Madison.
