Much like other places in this area, it is a lot more expensive compared to the entire nation. It's substantially more expensive even compared to the city of Minneapolis.
Home prices
The median home value in Birchwood Village is $346,900. In comparison to nearby areas this is roughly $7,620 (2%) higher.It is approximately $129,400 (59%) higher in comparison to the entire nation, and in comparison to the city of Minneapolis is approximately $95,300 (37%) higher.
Rents
In Birchwood Village the median monthly rent is $1,100. It is about $148 (11%) lower compared to other places in this area.It is approximately $38 (3%) higher compared to the rest of the nation, and it is approximately $73 (7%) higher in comparison to the city of Minneapolis.
Nearby places
Mahtomedi
Mahtomedi is Birchwood Village's neighbor to the east. Housing prices there are pretty similar. Mahtomedi's median home price is $338,600, which works out to $8,300 (2%) lower than Birchwood Village. Its rents are somewhat more expensive. In Mahtomedi the median monthly rent is $1,216, which is $116 (9%) higher than Birchwood Village.
White Bear Lake
White Bear Lake is Birchwood Village's neighbor to the west. Housing prices there are significantly less expensive. The median home value in White Bear Lake is $226,000, which comes out to $120,900 (53%) lower than Birchwood Village. Rent there is similar. In White Bear Lake the median monthly rent is $1,134, which works out to $34 (2%) higher than Birchwood Village.
Willernie
Willernie is about 0.9 miles southeast of Birchwood Village. Its real estate prices are significantly less expensive. The cost of the median home in Willernie is $183,800, which is $163,100 (88%) lower than Birchwood Village. Rents there are a bit more expensive. Willernie's median monthly rent is $1,227, which comes out to $127 (10%) higher than Birchwood Village.
Dellwood
Dellwood is roughly 2 miles north from Birchwood Village. Housing prices there are a lot more expensive. The median home cost in Dellwood is $616,300, which comes out to $269,400 (43%) higher than Birchwood Village. The rent there is fairly similar. Dellwood's median rent is $1,125 per month, which comes out to $25 (2%) higher than Birchwood Village.
Gem Lake
Gem Lake is approximately 2 miles west of Birchwood Village. Its housing prices are similar. Gem Lake's median home price is $331,700, which works out to $15,200 (4%) lower than Birchwood Village. The rent there is a bit more expensive. The median rent in Gem Lake is $1,536 a month, which comes out to $436 (28%) higher than Birchwood Village.
