Much like nearby areas, it's significantly less expensive compared to the US as a whole. It's significantly less expensive compared to the city of Omaha.
Home prices
The median home value in Colon is $106,900. Compared to the surrounding areas it is roughly $1,980 (1%) lower.It is about $110,600 (50%) lower in comparison to the United States as a whole, and in comparison to the city of Omaha it is approximately $52,800 (33%) lower.
Rents
In Colon the median rent is $850 a month. This is about $45 (5%) higher in comparison to its nearby areas.It is roughly $212 (19%) lower compared to the country as a whole, and compared to the city of Omaha is approximately $73 (7%) lower.
Nearby places
Wahoo
Wahoo is approximately 5 miles south from Colon. Its real estate prices are somewhat more expensive. The median home value in Wahoo is $144,400, which is $37,500 (25%) higher than Colon. Its rents are a bit less expensive. The median monthly rent in Wahoo is $713, which is $137 (19%) lower than Colon.
Cedar Bluffs
Cedar Bluffs is about 6 miles north from Colon. Housing prices there are a little less expensive. The median home value in Cedar Bluffs is $93,300, which comes out to $13,600 (14%) lower than Colon. Its rents are a bit more expensive. The median monthly rent in Cedar Bluffs is $903, which is $53 (5%) higher than Colon.
Mead
Mead is approximately 7 miles southeast from Colon. The housing prices there are somewhat more expensive. The median home cost in Mead is $133,700, which works out to $26,800 (20%) higher than Colon. The rent there is a little less expensive. The median monthly rent in Mead is $744, which comes out to $106 (14%) lower than Colon.
Prague
Prague is about 8 miles west from Colon. Its real estate prices are a lot less expensive. The median home value in Prague is $71,900, which is $35,000 (48%) lower than Colon. The rent there is a bit less expensive. The median monthly rent in Prague is $738, which works out to $112 (15%) lower than Colon.
Inglewood
Inglewood is approximately 9 miles northeast of Colon. The housing prices there are a bit less expensive. The value of the median home in Inglewood is $101,100, which is $5,800 (5%) lower than Colon. The rent there is a bit more expensive. In Inglewood the median rent is $928 per month, which works out to $78 (8%) higher than Colon.
