Much like other places in this area, it is a bit less expensive compared to the entire country. Compared to the city of Champaign, it's close to average.
Home prices
The median home in Philo is valued at $155,100. In comparison to its surrounding areas it is roughly $3,300 (2%) lower.Compared to the entire nation it is approximately $62,400 (28%) lower, and is about $6,700 (4%) lower in comparison to the city of Champaign.
Rents
In Philo the median rent is $750 per month. In comparison to other places in this area this is approximately $70 (8%) lower.It is approximately $312 (29%) lower compared to the rest of the country, and compared to the city of Champaign it is approximately $202 (21%) lower.
Nearby places
Sidney
Sidney is roughly 4 miles east of Philo. Real estate prices there are fairly similar. The price of the median home in Sidney is $150,300, which works out to $4,800 (3%) lower than Philo. The rent there is a bit more expensive. Sidney's median rent is $892 per month, which comes out to $142 (15%) higher than Philo.
Tolono
Tolono is approximately 4 miles west of Philo. The housing prices there are a bit less expensive. The median home in Tolono costs $138,000, which is $17,100 (12%) lower than Philo. Rent there is a little less expensive. The median monthly rent in Tolono is $604, which is $146 (24%) lower than Philo.
Savoy
Savoy is approximately 5 miles northwest from Philo. Its real estate prices are significantly more expensive. Savoy's median home value is $233,000, which works out to $77,900 (33%) higher than Philo. The rent there is a little more expensive. In Savoy the median rent is $941 per month, which comes out to $191 (20%) higher than Philo.
Urbana
Urbana is about 7 miles north of Philo. The housing prices there are fairly similar. The median home in Urbana costs $155,000, which is very similar to Philo. The rent there is somewhat more expensive. Urbana's median rent is $838 per month, which comes out to $88 (10%) higher than Philo.
Pesotum
Pesotum is about 8 miles southwest of Philo. The real estate prices there are a lot less expensive. The median home price in Pesotum is $115,700, which comes out to $39,400 (34%) lower than Philo. Its rents are a bit more expensive. In Pesotum the median rent is $825 a month, which works out to $75 (9%) higher than Philo.
