Home prices
The value of the median home in Calumet City is $106,000. Compared to the surrounding areas this is about $8,240 (7%) lower.It is roughly $111,500 (51%) lower compared to the rest of the country, and it is about $152,000 (58%) lower in comparison to the city of Chicago.
Rents
In Calumet City the median rent is $967 a month. In comparison to the surrounding areas this is approximately $153 (13%) lower.It is roughly $95 (8%) lower in comparison to the entire nation, and compared to the city of Chicago it is roughly $145 (13%) lower.
Nearby places
Burnham
Burnham is Calumet City's neighbor to the north. Real estate prices there are a little less expensive. The median home in Burnham costs $96,400, which works out to $9,600 (9%) lower than Calumet City. The rent there is pretty similar. Burnham's median rent is $930 a month, which comes out to $37 (3%) lower than Calumet City.
Dolton
Dolton is Calumet City's neighbor to the northwest. The housing prices there are fairly similar. Dolton's median home cost is $102,600, which comes out to $3,400 (3%) lower than Calumet City. Rents there are a bit more expensive. The median rent in Dolton is $1,287 per month, which is $320 (24%) higher than Calumet City.
South Holland
South Holland is Calumet City's neighbor to the southwest. Its real estate prices are a bit more expensive. South Holland's median home price is $150,600, which comes out to $44,600 (29%) higher than Calumet City. Rents there are substantially more expensive. The median rent in South Holland is $1,500 a month, which is $533 (35%) higher than Calumet City.
Hammond
Hammond is Calumet City's neighbor to the east. Its real estate prices are somewhat less expensive. Hammond's median home value is $91,700, which comes out to $14,300 (15%) lower than Calumet City. Rents there are somewhat less expensive. Hammond's median monthly rent is $879, which works out to $88 (10%) lower than Calumet City.
Lansing
Lansing is Calumet City's neighbor to the south. The real estate prices there are a bit more expensive. The median home in Lansing is valued at $129,900, which is $23,900 (18%) higher than Calumet City. The rent there is pretty similar. The median monthly rent in Lansing is $1,004, which is $37 (3%) higher than Calumet City.
