Home prices
The median home cost in Boyne Falls is $105,800. This is approximately $24,260 (18%) lower compared to the surrounding areas.In comparison to the nation as a whole it is about $111,700 (51%) lower, and compared to the city of Sault Ste. Marie is approximately $13,300 (14%) higher.
Rents
Boyne Falls's median monthly rent is $725. This is roughly $10 (1%) lower compared to its nearby areas.Compared to the country as a whole it is roughly $337 (31%) lower, and compared to the city of Sault Ste. Marie is about $27 (3%) higher.
Nearby places
Boyne City
Boyne City is roughly 5 miles northwest of Boyne Falls. Its housing prices are a little more expensive. The median home in Boyne City costs $147,500, which comes out to $41,700 (28%) higher than Boyne Falls. Rents there are similar. The median monthly rent in Boyne City is $737, which is $12 (1%) higher than Boyne Falls.
Walloon Lake
Walloon Lake is about 6 miles north from Boyne Falls. Its real estate prices are significantly more expensive. The median home price in Walloon Lake is $166,700, which is $60,900 (36%) higher than Boyne Falls. Rents there are a little more expensive. The median monthly rent in Walloon Lake is $1,000, which works out to $275 (27%) higher than Boyne Falls.
East Jordan
East Jordan is roughly 8 miles west from Boyne Falls. The real estate prices there are a little less expensive. The price of the median home in East Jordan is $81,200, which comes out to $24,600 (30%) lower than Boyne Falls. Its rents are somewhat less expensive. East Jordan's median monthly rent is $573, which is $152 (26%) lower than Boyne Falls.
Vanderbilt
Vanderbilt is approximately 10 miles east from Boyne Falls. Its real estate prices are a lot less expensive. The median home cost in Vanderbilt is $77,900, which works out to $27,900 (35%) lower than Boyne Falls. Its rents are somewhat less expensive. The median rent in Vanderbilt is $650 per month, which is $75 (11%) lower than Boyne Falls.
Petoskey
Petoskey is about 12 miles north of Boyne Falls. Housing prices there are substantially more expensive. The cost of the median home in Petoskey is $177,000, which works out to $71,200 (40%) higher than Boyne Falls. The rent there is similar. In Petoskey the median rent is $714 per month, which works out to $11 (1%) lower than Boyne Falls.
