Home prices
The median home in Floodwood is valued at $80,000. Compared to its nearby areas this is approximately $46,500 (36%) lower.It is about $137,500 (63%) lower in comparison to the United States as a whole, and in comparison to the city of Duluth is roughly $83,300 (51%) lower.
Rents
The median monthly rent in Floodwood is $468. Compared to its nearby areas this is approximately $77 (14%) lower.In comparison to the United States as a whole it is roughly $594 (55%) lower, and compared to the city of Duluth is about $352 (42%) lower.
Nearby places
Meadowlands
Meadowlands is about 12 miles northeast of Floodwood. Its real estate prices are substantially less expensive. The median home in Meadowlands costs $48,300, which works out to $31,700 (65%) lower than Floodwood. The rent there is a little more expensive. Meadowlands's median monthly rent is $588, which comes out to $120 (20%) higher than Floodwood.
Cromwell
Cromwell is approximately 14 miles south of Floodwood. Its housing prices are a lot more expensive. The median home cost in Cromwell is $160,000, which is $80,000 (50%) higher than Floodwood. Rent there is substantially more expensive. In Cromwell the median monthly rent is $929, which comes out to $461 (49%) higher than Floodwood.
Wright
Wright is about 15 miles south from Floodwood. The real estate prices there are a lot more expensive. The median home in Wright costs $129,200, which comes out to $49,200 (38%) higher than Floodwood. Its rents are a little more expensive. The median monthly rent in Wright is $525, which is $57 (10%) higher than Floodwood.
Big Lake
Big Lake is approximately 17 miles southeast of Floodwood. Real estate prices there are significantly more expensive. Big Lake's median home value is $200,000, which is $120,000 (60%) higher than Floodwood. Its rents are significantly less expensive. In Big Lake the median rent is $104 per month, which is $364 (350%) lower than Floodwood.
Warba
Warba is roughly 19 miles northwest from Floodwood. Its real estate prices are a little more expensive. Warba's median home cost is $95,000, which comes out to $15,000 (15%) higher than Floodwood. The rent there is a little more expensive. In Warba the median monthly rent is $581, which comes out to $113 (19%) higher than Floodwood.
