Similar to the surrounding areas, it's a lot less expensive compared to the rest of the nation. Compared to the city of Madison, it is substantially less expensive.
Home prices
The median home in Blue River costs $87,500. This is approximately $1,620 (1%) higher compared to its surrounding areas.It is roughly $130,000 (59%) lower in comparison to the US as a whole, and it is about $158,800 (64%) lower in comparison to the city of Madison.
Rents
In Blue River the median monthly rent is $562. It is about $74 (11%) lower compared to its nearby areas.Compared to the entire nation it is about $500 (47%) lower, and compared to the city of Madison it is about $556 (49%) lower.
Nearby places
Boscobel
Boscobel is roughly 5 miles southwest from Blue River. Its real estate prices are somewhat more expensive. The median home price in Boscobel is $100,700, which comes out to $13,200 (13%) higher than Blue River. Rents there are pretty similar. Boscobel's median rent is $570 per month, which comes out to $8 (1%) higher than Blue River.
Muscoda
Muscoda is approximately 5 miles east of Blue River. The real estate prices there are pretty similar. The median home in Muscoda costs $90,700, which works out to $3,200 (3%) higher than Blue River. The rent there is a bit more expensive. In Muscoda the median rent is $602 per month, which is $40 (6%) higher than Blue River.
Boaz
Boaz is approximately 9 miles north of Blue River. Its real estate prices are a bit less expensive. The median home value in Boaz is $82,500, which comes out to $5,000 (6%) lower than Blue River. Its rents are somewhat more expensive. In Boaz the median monthly rent is $660, which is $98 (14%) higher than Blue River.
Avoca
Avoca is about 10 miles east from Blue River. The real estate prices there are somewhat less expensive. Avoca's median home cost is $71,500, which works out to $16,000 (22%) lower than Blue River. The rent there is a little more expensive. In Avoca the median rent is $699 per month, which is $137 (19%) higher than Blue River.
Woodman
Woodman is about 11 miles southwest of Blue River. The housing prices there are fairly similar. The median home in Woodman costs $84,000, which works out to $3,500 (4%) lower than Blue River. Rents there are a bit more expensive. Woodman's median monthly rent is $650, which is $88 (13%) higher than Blue River.
