Home prices
The median home price in Colon is $90,300. It is about $17,200 (23%) higher in comparison to its nearby areas.It is approximately $127,200 (58%) lower in comparison to the United States as a whole, and in comparison to the city of Fort Wayne it is about $24,800 (21%) lower.
Rents
Colon's median monthly rent is $555. This is about $199 (26%) lower in comparison to other places in this area.Compared to the rest of the country it is about $507 (47%) lower, and it is about $209 (27%) lower compared to the city of Fort Wayne.
Nearby places
Sherwood
Sherwood is roughly 4 miles northeast of Colon. The real estate prices there are a lot less expensive. The median home cost in Sherwood is $52,100, which comes out to $38,200 (73%) lower than Colon. Rents there are somewhat more expensive. Sherwood's median rent is $738 per month, which is $183 (24%) higher than Colon.
Mendon
Mendon is roughly 6 miles northwest of Colon. The housing prices there are somewhat less expensive. Mendon's median home value is $82,800, which is $7,500 (9%) lower than Colon. Rent there is significantly more expensive. In Mendon the median monthly rent is $834, which is $279 (33%) higher than Colon.
Burr Oak
Burr Oak is roughly 7 miles south of Colon. Its real estate prices are significantly less expensive. The median home price in Burr Oak is $64,800, which is $25,500 (39%) lower than Colon. Its rents are somewhat more expensive. The median monthly rent in Burr Oak is $738, which comes out to $183 (24%) higher than Colon.
Bronson
Bronson is about 8 miles southeast from Colon. The real estate prices there are somewhat less expensive. The median home cost in Bronson is $79,200, which is $11,100 (14%) lower than Colon. The rent there is somewhat more expensive. In Bronson the median rent is $660 per month, which works out to $105 (15%) higher than Colon.
Athens
Athens is approximately 9 miles northeast from Colon. The housing prices there are pretty similar. The median home value in Athens is $86,600, which comes out to $3,700 (4%) lower than Colon. Rents there are somewhat more expensive. In Athens the median rent is $800 a month, which is $245 (30%) higher than Colon.
