Home prices
The median home in Imlay City costs $113,300. It is about $26,440 (18%) lower compared to its nearby areas.In comparison to the entire nation it is about $104,200 (47%) lower, and compared to the city of Detroit it is approximately $64,100 (130%) higher.
Rents
In Imlay City the median monthly rent is $707. In comparison to nearby areas this is approximately $195 (21%) lower.In comparison to the country as a whole it is roughly $355 (33%) lower, and in comparison to the city of Detroit is roughly $117 (14%) lower.
Nearby places
Dryden
Dryden is about 5 miles southwest of Imlay City. Real estate prices there are a little more expensive. The cost of the median home in Dryden is $140,500, which works out to $27,200 (19%) higher than Imlay City. The rent there is a bit more expensive. Dryden's median rent is $960 per month, which is $253 (26%) higher than Imlay City.
Almont
Almont is about 6 miles south from Imlay City. The housing prices there are somewhat more expensive. The median home in Almont is valued at $159,700, which works out to $46,400 (29%) higher than Imlay City. Rents there are pretty similar. The median monthly rent in Almont is $727, which comes out to $20 (2%) higher than Imlay City.
Capac
Capac is roughly 6 miles east from Imlay City. Its real estate prices are a little less expensive. The median home price in Capac is $87,500, which works out to $25,800 (29%) lower than Imlay City. The rent there is a little more expensive. The median rent in Capac is $784 a month, which works out to $77 (9%) higher than Imlay City.
Leonard
Leonard is roughly 10 miles south of Imlay City. Real estate prices there are somewhat more expensive. The median home in Leonard costs $148,500, which works out to $35,200 (23%) higher than Imlay City. Its rents are a lot more expensive. The median monthly rent in Leonard is $1,097, which comes out to $390 (35%) higher than Imlay City.
Metamora
Metamora is about 10 miles southwest of Imlay City. Its housing prices are a little more expensive. The cost of the median home in Metamora is $162,500, which is $49,200 (30%) higher than Imlay City. Rent there is somewhat more expensive. In Metamora the median monthly rent is $940, which is $233 (24%) higher than Imlay City.
