Home prices
The median home in Packwood costs $84,200. This is roughly $27,740 (24%) lower compared to nearby areas.It is roughly $133,300 (61%) lower compared to the entire country, and it is about $57,600 (40%) lower in comparison to the city of Cedar Rapids.
Rents
The median rent in Packwood is $383 a month. It is about $292 (43%) lower in comparison to its surrounding areas.Compared to the rest of the nation it is approximately $679 (63%) lower, and is roughly $384 (50%) lower compared to the city of Cedar Rapids.
Nearby places
Ollie
Ollie is roughly 4 miles north from Packwood. Housing prices there are substantially less expensive. The median home price in Ollie is $53,300, which works out to $30,900 (57%) lower than Packwood. Rent there is a little more expensive. In Ollie the median monthly rent is $475, which works out to $92 (19%) higher than Packwood.
Richland
Richland is approximately 5 miles northeast of Packwood. Its housing prices are similar. Richland's median home value is $86,400, which is $2,200 (2%) higher than Packwood. Rent there is substantially more expensive. Richland's median rent is $671 per month, which is $288 (42%) higher than Packwood.
Maharishi Vedic City
Maharishi Vedic City is about 6 miles southeast from Packwood. Its housing prices are significantly more expensive. The median home in Maharishi Vedic City costs $243,800, which comes out to $159,600 (65%) higher than Packwood. The rent there is substantially more expensive. The median monthly rent in Maharishi Vedic City is $930, which is $547 (58%) higher than Packwood.
Fairfield
Fairfield is approximately 9 miles southeast from Packwood. The real estate prices there are a little more expensive. Fairfield's median home cost is $114,200, which works out to $30,000 (26%) higher than Packwood. The rent there is significantly more expensive. The median monthly rent in Fairfield is $681, which is $298 (43%) higher than Packwood.
Batavia
Batavia is roughly 9 miles south from Packwood. The real estate prices there are a lot less expensive. The median home in Batavia is valued at $62,000, which is $22,200 (35%) lower than Packwood. Rents there are substantially more expensive. Batavia's median rent is $617 per month, which works out to $234 (37%) higher than Packwood.
