Home prices
The median home in Lake of the Woods costs $150,100. It is approximately $9,240 (5%) lower in comparison to its nearby areas.It is roughly $67,400 (30%) lower compared to the entire nation, and compared to the city of Show Low is approximately $20,700 (12%) lower.
Rents
The median monthly rent in Lake of the Woods is $790. It is about $52 (6%) higher in comparison to nearby areas.In comparison to the entire country it is approximately $272 (25%) lower, and compared to the city of Show Low it is roughly $140 (15%) lower.
Nearby places
Pinetop-Lakeside
Pinetop-Lakeside is Lake of the Woods's neighbor to the east. Real estate prices there are significantly more expensive. The median home value in Pinetop-Lakeside is $224,100, which works out to $74,000 (33%) higher than Lake of the Woods. Rents there are fairly similar. In Pinetop-Lakeside the median rent is $820 a month, which is $30 (3%) higher than Lake of the Woods.
Wagon Wheel
Wagon Wheel is approximately 3 miles northwest of Lake of the Woods. Real estate prices there are a little more expensive. The median home in Wagon Wheel is valued at $166,500, which comes out to $16,400 (9%) higher than Lake of the Woods. The rent there is pretty similar. The median monthly rent in Wagon Wheel is $794, which is very similar to Lake of the Woods.
Pinetop Country Club
Pinetop Country Club is roughly 5 miles southeast of Lake of the Woods. Real estate prices there are substantially more expensive. The median home value in Pinetop Country Club is $249,500, which is $99,400 (39%) higher than Lake of the Woods. Rent there is pretty similar. In Pinetop Country Club the median monthly rent is $797, which is very similar to Lake of the Woods.
Hondah
Hondah is approximately 6 miles southeast from Lake of the Woods. Its housing prices are a lot less expensive. The median home in Hondah is valued at $74,500, which is $75,600 (101%) lower than Lake of the Woods. Rents there are somewhat less expensive. Hondah's median rent is $677 per month, which is $113 (16%) lower than Lake of the Woods.
McNary
McNary is approximately 8 miles southeast of Lake of the Woods. The housing prices there are substantially less expensive. The price of the median home in McNary is $82,100, which comes out to $68,000 (82%) lower than Lake of the Woods. The rent there is a little less expensive. McNary's median rent is $604 per month, which is $186 (30%) lower than Lake of the Woods.
