Home prices
The median home value in Montezuma is $106,800. This is approximately $27,900 (35%) higher compared to its nearby areas.Compared to the entire country it is roughly $110,700 (50%) lower, and it is roughly $26,400 (19%) lower in comparison to the city of Des Moines.
Rents
Montezuma's median rent is $697 per month. In comparison to the surrounding areas this is roughly $60 (9%) higher.It is approximately $365 (34%) lower compared to the United States as a whole, and in comparison to the city of Des Moines it is about $158 (18%) lower.
Nearby places
Barnes City
Barnes City is about 5 miles southeast of Montezuma. The real estate prices there are substantially less expensive. The median home in Barnes City is valued at $62,500, which is $44,300 (70%) lower than Montezuma. Rents there are a bit less expensive. The median rent in Barnes City is $639 a month, which works out to $58 (9%) lower than Montezuma.
Searsboro
Searsboro is roughly 7 miles west of Montezuma. The real estate prices there are substantially less expensive. The median home in Searsboro costs $72,200, which is $34,600 (47%) lower than Montezuma. Rent there is somewhat less expensive. In Searsboro the median rent is $663 per month, which comes out to $34 (5%) lower than Montezuma.
Malcom
Malcom is approximately 8 miles north of Montezuma. Its housing prices are somewhat less expensive. Malcom's median home cost is $83,200, which works out to $23,600 (28%) lower than Montezuma. Rent there is somewhat less expensive. In Malcom the median monthly rent is $608, which works out to $89 (14%) lower than Montezuma.
Guernsey
Guernsey is approximately 9 miles northeast of Montezuma. Real estate prices there are significantly less expensive. The median home in Guernsey costs $65,000, which works out to $41,800 (64%) lower than Montezuma. Its rents are a bit more expensive. The median monthly rent in Guernsey is $788, which works out to $91 (11%) higher than Montezuma.
New Sharon
New Sharon is about 9 miles southwest of Montezuma. Its housing prices are similar. The median home in New Sharon costs $111,600, which comes out to $4,800 (4%) higher than Montezuma. Rent there is significantly less expensive. In New Sharon the median monthly rent is $488, which is $209 (42%) lower than Montezuma.
