Much like nearby areas, it is substantially less expensive compared to the entire nation. However it's a little more expensive compared to the city of Fort Wayne.
Home prices
The median home price in Nappanee is $123,200. In comparison to its nearby areas it is is very similar.It is approximately $94,300 (43%) lower in comparison to the US as a whole, and is roughly $8,100 (7%) higher compared to the city of Fort Wayne.
Rents
In Nappanee the median monthly rent is $829. Compared to nearby areas this is approximately $66 (8%) higher.In comparison to the rest of the nation it is approximately $233 (21%) lower, and in comparison to the city of Fort Wayne it is about $65 (8%) higher.
Nearby places
Wakarusa
Wakarusa is roughly 5 miles north from Nappanee. Its real estate prices are a bit more expensive. The median home value in Wakarusa is $150,300, which comes out to $27,100 (18%) higher than Nappanee. Its rents are somewhat less expensive. The median rent in Wakarusa is $740 per month, which is $89 (12%) lower than Nappanee.
Bremen
Bremen is about 6 miles west of Nappanee. The real estate prices there are a little more expensive. Bremen's median home cost is $134,100, which comes out to $10,900 (8%) higher than Nappanee. Rents there are a bit less expensive. Bremen's median monthly rent is $719, which comes out to $110 (15%) lower than Nappanee.
Milford
Milford is roughly 6 miles east from Nappanee. The housing prices there are a bit less expensive. The median home value in Milford is $108,000, which works out to $15,200 (14%) lower than Nappanee. Rent there is substantially less expensive. In Milford the median monthly rent is $613, which comes out to $216 (35%) lower than Nappanee.
New Paris
New Paris is about 8 miles northeast of Nappanee. The housing prices there are a bit less expensive. The price of the median home in New Paris is $113,500, which works out to $9,700 (8%) lower than Nappanee. Its rents are fairly similar. In New Paris the median monthly rent is $793, which works out to $36 (4%) lower than Nappanee.
Leesburg
Leesburg is approximately 9 miles southeast from Nappanee. Housing prices there are somewhat less expensive. The median home price in Leesburg is $115,800, which is $7,400 (6%) lower than Nappanee. Rents there are somewhat more expensive. In Leesburg the median monthly rent is $950, which works out to $121 (12%) higher than Nappanee.
