Much like the surrounding areas, it is a lot less expensive compared to the entire country. However it is somewhat less expensive compared to the city of Omaha.
Home prices
The median home in Neola costs $120,700. This is roughly $6,020 (4%) lower compared to other places in this area.It is about $96,800 (44%) lower compared to the United States as a whole, and is approximately $39,000 (24%) lower compared to the city of Omaha.
Rents
Neola's median rent is $870 per month. This is roughly $109 (14%) higher compared to the surrounding areas.It is about $192 (18%) lower compared to the United States as a whole, and compared to the city of Omaha is roughly $53 (5%) lower.
Nearby places
Minden
Minden is roughly 3 miles east of Neola. The housing prices there are somewhat more expensive. The median home in Minden costs $133,800, which comes out to $13,100 (9%) higher than Neola. The rent there is a lot less expensive. Minden's median monthly rent is $597, which is $273 (45%) lower than Neola.
Underwood
Underwood is roughly 5 miles southwest from Neola. Real estate prices there are a bit more expensive. Underwood's median home price is $160,800, which is $40,100 (24%) higher than Neola. Its rents are a little less expensive. The median rent in Underwood is $700 a month, which works out to $170 (24%) lower than Neola.
Shelby
Shelby is roughly 8 miles northeast of Neola. Its real estate prices are a bit less expensive. The median home price in Shelby is $102,900, which works out to $17,800 (17%) lower than Neola. Rents there are a little less expensive. The median monthly rent in Shelby is $756, which works out to $114 (15%) lower than Neola.
McClelland
McClelland is approximately 8 miles south of Neola. Housing prices there are somewhat more expensive. The median home in McClelland costs $158,600, which works out to $37,900 (23%) higher than Neola. Rent there is a little more expensive. McClelland's median rent is $917 a month, which is $47 (5%) higher than Neola.
Persia
Persia is about 8 miles north of Neola. Its real estate prices are a lot less expensive. The median home in Persia is valued at $77,500, which works out to $43,200 (55%) lower than Neola. The rent there is pretty similar. Persia's median monthly rent is $836, which works out to $34 (4%) lower than Neola.
