Home prices
Marengo's median home value is $154,200. It is roughly $38,740 (20%) lower in comparison to its nearby areas.Compared to the country as a whole it is roughly $63,300 (29%) lower, and in comparison to the city of Chicago is roughly $103,800 (40%) lower.
Rents
Marengo's median monthly rent is $912. In comparison to its surrounding areas it is about $145 (13%) lower.Compared to the rest of the country it is approximately $150 (14%) lower, and it is roughly $200 (17%) lower compared to the city of Chicago.
Nearby places
Union
Union is roughly 3 miles east from Marengo. Its real estate prices are a bit more expensive. The value of the median home in Union is $162,500, which is $8,300 (5%) higher than Marengo. The rent there is somewhat more expensive. In Union the median monthly rent is $1,029, which comes out to $117 (11%) higher than Marengo.
Hampshire
Hampshire is roughly 9 miles southeast from Marengo. The real estate prices there are somewhat more expensive. Hampshire's median home price is $217,000, which comes out to $62,800 (28%) higher than Marengo. Rent there is somewhat more expensive. The median rent in Hampshire is $1,117 a month, which comes out to $205 (18%) higher than Marengo.
Huntley
Huntley is about 9 miles southeast from Marengo. The housing prices there are a lot more expensive. The median home price in Huntley is $251,400, which works out to $97,200 (38%) higher than Marengo. Rents there are somewhat more expensive. Huntley's median rent is $1,231 per month, which comes out to $319 (25%) higher than Marengo.
Woodstock
Woodstock is about 9 miles northeast of Marengo. Housing prices there are a bit more expensive. Woodstock's median home value is $179,700, which comes out to $25,500 (14%) higher than Marengo. Its rents are a little more expensive. In Woodstock the median monthly rent is $1,041, which comes out to $129 (12%) higher than Marengo.
Genoa
Genoa is about 9 miles south from Marengo. The housing prices there are similar. The median home cost in Genoa is $154,100, which is very similar to Marengo. Rents there are a bit less expensive. In Genoa the median monthly rent is $866, which comes out to $46 (5%) lower than Marengo.
