Home prices
The median home in Hoffman is valued at $92,500. In comparison to its nearby areas this is approximately $9,360 (9%) lower.Compared to the nation as a whole it is roughly $125,000 (57%) lower, and compared to the city of Moorhead it is roughly $102,100 (52%) lower.
Rents
The median rent in Hoffman is $613 per month. Compared to its surrounding areas it is about $42 (6%) lower.It is about $449 (42%) lower in comparison to the entire country, and is approximately $272 (30%) lower in comparison to the city of Moorhead.
Nearby places
Kensington
Kensington is about 5 miles southeast from Hoffman. Real estate prices there are somewhat less expensive. The median home value in Kensington is $71,700, which works out to $20,800 (29%) lower than Hoffman. Rent there is a little less expensive. The median rent in Kensington is $569 per month, which is $44 (7%) lower than Hoffman.
Brandon
Brandon is approximately 11 miles northeast from Hoffman. The real estate prices there are somewhat more expensive. Brandon's median home price is $134,500, which comes out to $42,000 (31%) higher than Hoffman. Rents there are a bit less expensive. The median monthly rent in Brandon is $558, which comes out to $55 (9%) lower than Hoffman.
Evansville
Evansville is approximately 11 miles north from Hoffman. Housing prices there are somewhat more expensive. Evansville's median home value is $118,500, which is $26,000 (21%) higher than Hoffman. Its rents are fairly similar. In Evansville the median rent is $642 per month, which works out to $29 (4%) higher than Hoffman.
Donnelly
Donnelly is roughly 12 miles southwest from Hoffman. Real estate prices there are a little less expensive. Donnelly's median home cost is $78,600, which works out to $13,900 (17%) lower than Hoffman. The rent there is significantly more expensive. In Donnelly the median rent is $925 a month, which comes out to $312 (33%) higher than Hoffman.
Lowry
Lowry is roughly 13 miles southeast from Hoffman. The real estate prices there are somewhat more expensive. The median home in Lowry costs $106,000, which works out to $13,500 (12%) higher than Hoffman. Its rents are a bit less expensive. In Lowry the median monthly rent is $581, which works out to $32 (5%) lower than Hoffman.
