Home prices
The median home in Wellman costs $117,400. In comparison to its nearby areas this is about $23,600 (25%) higher.In comparison to the entire nation it is about $100,100 (46%) lower, and in comparison to the city of Cedar Rapids is about $24,400 (17%) lower.
Rents
The median rent in Wellman is $609 a month. This is about $126 (17%) lower in comparison to nearby areas.It is roughly $453 (42%) lower compared to the rest of the nation, and compared to the city of Cedar Rapids it is approximately $158 (20%) lower.
Nearby places
Kalona
Kalona is about 6 miles east from Wellman. Its housing prices are a little more expensive. The price of the median home in Kalona is $162,800, which comes out to $45,400 (27%) higher than Wellman. Its rents are a bit more expensive. Kalona's median rent is $753 per month, which works out to $144 (19%) higher than Wellman.
Keota
Keota is approximately 8 miles southwest from Wellman. Its real estate prices are substantially less expensive. The median home in Keota is valued at $88,300, which works out to $29,100 (32%) lower than Wellman. Rents there are a bit more expensive. The median rent in Keota is $700 per month, which is $91 (13%) higher than Wellman.
Parnell
Parnell is approximately 10 miles northwest from Wellman. Real estate prices there are significantly less expensive. The median home in Parnell is valued at $74,200, which works out to $43,200 (58%) lower than Wellman. Rents there are somewhat more expensive. Parnell's median monthly rent is $807, which is $198 (24%) higher than Wellman.
North English
North English is about 11 miles west of Wellman. The real estate prices there are substantially less expensive. The median home in North English costs $88,100, which is $29,300 (33%) lower than Wellman. Its rents are a bit more expensive. The median rent in North English is $653 a month, which works out to $44 (6%) higher than Wellman.
South English
South English is about 11 miles west of Wellman. Its real estate prices are significantly less expensive. The median home value in South English is $55,600, which works out to $61,800 (111%) lower than Wellman. Its rents are a bit more expensive. The median rent in South English is $760 per month, which is $151 (19%) higher than Wellman.
