Home prices
Paddock Lake's median home price is $164,600. In comparison to other places in this area this is roughly $45,740 (21%) lower.In comparison to the country as a whole it is about $52,900 (24%) lower, and compared to the city of Chicago it is roughly $93,400 (36%) lower.
Rents
In Paddock Lake the median rent is $1,080 per month. This is is very similar in comparison to its nearby areas.Compared to the rest of the nation it is approximately $18 (1%) higher, and it is about $32 (2%) lower in comparison to the city of Chicago.
Nearby places
Salem Lakes
Salem Lakes is Paddock Lake's neighbor to the southwest. Its real estate prices are somewhat more expensive. The median home in Salem Lakes is valued at $202,100, which works out to $37,500 (18%) higher than Paddock Lake. Rents there are a bit less expensive. The median rent in Salem Lakes is $1,005 per month, which works out to $75 (7%) lower than Paddock Lake.
Bristol
Bristol is approximately 4 miles southeast of Paddock Lake. The real estate prices there are significantly more expensive. Bristol's median home cost is $266,500, which comes out to $101,900 (38%) higher than Paddock Lake. Its rents are somewhat less expensive. Bristol's median monthly rent is $987, which works out to $93 (9%) lower than Paddock Lake.
Lake Catherine
Lake Catherine is roughly 5 miles south from Paddock Lake. Its housing prices are a bit more expensive. The median home in Lake Catherine costs $188,100, which is $23,500 (12%) higher than Paddock Lake. Rents there are a little more expensive. Lake Catherine's median rent is $1,285 a month, which is $205 (15%) higher than Paddock Lake.
Channel Lake
Channel Lake is about 6 miles south of Paddock Lake. Housing prices there are a bit more expensive. The median home in Channel Lake is valued at $173,900, which works out to $9,300 (5%) higher than Paddock Lake. Rent there is fairly similar. In Channel Lake the median monthly rent is $1,106, which is $26 (2%) higher than Paddock Lake.
Antioch
Antioch is about 6 miles south of Paddock Lake. Housing prices there are a bit more expensive. The median home in Antioch costs $221,100, which is $56,500 (25%) higher than Paddock Lake. Rents there are a bit less expensive. Antioch's median monthly rent is $1,003, which works out to $77 (7%) lower than Paddock Lake.
