Home prices
The median home in Indian River is valued at $176,900. This is about $87,400 (97%) higher in comparison to other places in this area.It is about $40,600 (18%) lower compared to the entire nation, and compared to the city of Sault Ste. Marie is approximately $84,400 (91%) higher.
Rents
Indian River's median monthly rent is $646. Compared to its surrounding areas it is approximately $66 (9%) lower.It is about $416 (39%) lower in comparison to the entire nation, and compared to the city of Sault Ste. Marie it is roughly $52 (7%) lower.
Nearby places
Alanson
Alanson is roughly 6 miles west from Indian River. The real estate prices there are substantially less expensive. Alanson's median home value is $102,900, which comes out to $74,000 (71%) lower than Indian River. Rent there is a bit more expensive. Alanson's median rent is $757 per month, which comes out to $111 (14%) higher than Indian River.
Oden
Oden is approximately 8 miles west of Indian River. The real estate prices there are significantly less expensive. Oden's median home cost is $71,700, which is $105,200 (146%) lower than Indian River. The rent there is a bit less expensive. The median rent in Oden is $599 per month, which is $47 (7%) lower than Indian River.
Wolverine
Wolverine is about 9 miles south of Indian River. Real estate prices there are significantly less expensive. The value of the median home in Wolverine is $106,300, which works out to $70,600 (66%) lower than Indian River. Rent there is fairly similar. Wolverine's median rent is $636 per month, which works out to $10 (1%) lower than Indian River.
Pellston
Pellston is roughly 10 miles northwest from Indian River. Its real estate prices are substantially less expensive. Pellston's median home value is $86,000, which works out to $90,900 (105%) lower than Indian River. The rent there is somewhat more expensive. The median monthly rent in Pellston is $850, which is $204 (24%) higher than Indian River.
Cheboygan
Cheboygan is about 14 miles northeast from Indian River. Its housing prices are substantially less expensive. The median home in Cheboygan is valued at $80,600, which works out to $96,300 (119%) lower than Indian River. Rents there are a bit more expensive. In Cheboygan the median rent is $719 per month, which is $73 (10%) higher than Indian River.
