Much like other places in this area, it's a lot less expensive compared to the entire nation. It's a lot less expensive compared to the city of Chicago.
Home prices
Ransom's median home value is $91,400. This is roughly $2,940 (3%) lower compared to nearby areas.It is roughly $126,100 (57%) lower in comparison to the rest of the country, and in comparison to the city of Chicago it is approximately $166,600 (64%) lower.
Rents
In Ransom the median monthly rent is $804. Compared to the surrounding areas this is about $75 (8%) lower.It is approximately $258 (24%) lower in comparison to the nation as a whole, and in comparison to the city of Chicago it is approximately $308 (27%) lower.
Nearby places
Verona
Verona is roughly 7 miles northeast from Ransom. The housing prices there are somewhat more expensive. The median home in Verona is valued at $106,300, which is $14,900 (14%) higher than Ransom. Rent there is somewhat more expensive. In Verona the median monthly rent is $1,125, which comes out to $321 (28%) higher than Ransom.
Streator
Streator is roughly 8 miles west of Ransom. Its housing prices are somewhat less expensive. The median home price in Streator is $70,800, which comes out to $20,600 (29%) lower than Ransom. Its rents are a little less expensive. Streator's median monthly rent is $641, which is $163 (25%) lower than Ransom.
Grand Ridge
Grand Ridge is roughly 9 miles northwest of Ransom. The housing prices there are somewhat more expensive. The median home in Grand Ridge costs $108,300, which is $16,900 (15%) higher than Ransom. The rent there is a bit more expensive. Grand Ridge's median rent is $1,042 a month, which is $238 (22%) higher than Ransom.
Kangley
Kangley is approximately 9 miles west of Ransom. Real estate prices there are a little less expensive. Kangley's median home price is $77,900, which comes out to $13,500 (17%) lower than Ransom. Its rents are somewhat less expensive. The median monthly rent in Kangley is $638, which works out to $166 (26%) lower than Ransom.
Marseilles
Marseilles is approximately 10 miles north from Ransom. Its housing prices are somewhat more expensive. The value of the median home in Marseilles is $108,400, which works out to $17,000 (15%) higher than Ransom. Rents there are somewhat more expensive. The median monthly rent in Marseilles is $949, which is $145 (15%) higher than Ransom.
