Home prices
The median home in Channel Lake is valued at $173,900. In comparison to nearby areas it is roughly $15,200 (8%) lower.In comparison to the United States as a whole it is approximately $43,600 (20%) lower, and in comparison to the city of Chicago is approximately $84,100 (32%) lower.
Rents
In Channel Lake the median rent is $1,106 a month. Compared to its nearby areas this is about $39 (3%) lower.It is about $44 (4%) higher in comparison to the United States as a whole, and is is very similar compared to the city of Chicago.
Nearby places
Lake Catherine
Lake Catherine is Channel Lake's neighbor to the east. Its housing prices are a little more expensive. The value of the median home in Lake Catherine is $188,100, which is $14,200 (7%) higher than Channel Lake. The rent there is a bit more expensive. Lake Catherine's median rent is $1,285 a month, which is $179 (13%) higher than Channel Lake.
Salem Lakes
Salem Lakes is Channel Lake's neighbor to the north. The housing prices there are a bit more expensive. The median home price in Salem Lakes is $202,100, which comes out to $28,200 (13%) higher than Channel Lake. Its rents are somewhat less expensive. Salem Lakes's median rent is $1,005 per month, which is $101 (10%) lower than Channel Lake.
Antioch
Antioch is approximately 3 miles east from Channel Lake. The real estate prices there are a little more expensive. The median home in Antioch is valued at $221,100, which works out to $47,200 (21%) higher than Channel Lake. Its rents are a bit less expensive. The median rent in Antioch is $1,003 a month, which works out to $103 (10%) lower than Channel Lake.
Fox Lake
Fox Lake is roughly 4 miles south of Channel Lake. Housing prices there are a bit less expensive. The value of the median home in Fox Lake is $161,100, which works out to $12,800 (7%) lower than Channel Lake. Rents there are similar. Fox Lake's median monthly rent is $1,058, which is $48 (4%) lower than Channel Lake.
Fox Lake Hills
Fox Lake Hills is roughly 4 miles south of Channel Lake. The housing prices there are pretty similar. The value of the median home in Fox Lake Hills is $173,100, which is very similar to Channel Lake. Its rents are a bit more expensive. The median rent in Fox Lake Hills is $1,376 a month, which is $270 (19%) higher than Channel Lake.
