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These days, finding an affordable place to live in the Caledonia area can be challenging. Home prices in Caledonia are now at a median cost of $304,649, higher than the Illinois average of $300,242.
The average cost of rent is $1,349/mo in Caledonia, primarily driven by the current value of real estate in the Caledonia area. In Caledonia, 10.89% of households rent, and 35.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Caledonia is $10,667 per month. Households that rent pay about 12.65% of their income on rent here. Caledonia’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Timberlane, IL: higher priced homes
- Poplar Grove, IL: less expensive homes
- Loves Park, IL: less expensive homes
- Machesney Park, IL: less expensive homes
- Roscoe, IL: less expensive homes
- Hunter, IL: higher priced homes
- Belvidere, IL: less expensive homes
- Cherry Valley, IL: less expensive homes
- Rockford, IL: less expensive homes
- Rockton, IL: less expensive homes
Cities with Similar Populations
- Germantown, NY: higher priced homes
- Ganado, TX: less expensive homes
- Buena Vista, GA: less expensive homes
- National Park, NJ: less expensive homes
- Churchill, PA: less expensive homes
- Chimayo, NM: less expensive homes
- New Hampton, NY: higher priced homes
- Goode, VA: higher priced homes
- Hatley, WI: less expensive homes
- Jamestown, MI: higher priced homes
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