Much like nearby areas, it's substantially less expensive compared to the country as a whole. Compared to the city of Minneapolis, it is significantly less expensive.
Home prices
The median home in Pierz is valued at $133,600. This is roughly $5,340 (4%) higher compared to other places in this area.In comparison to the nation as a whole it is about $83,900 (38%) lower, and in comparison to the city of Minneapolis is roughly $118,000 (46%) lower.
Rents
The median monthly rent in Pierz is $642. It is roughly $166 (20%) lower in comparison to the surrounding areas.It is roughly $420 (39%) lower in comparison to the United States as a whole, and compared to the city of Minneapolis it is approximately $385 (37%) lower.
Nearby places
Genola
Genola is Pierz's neighbor to the southwest. The real estate prices there are a bit less expensive. The median home value in Genola is $112,500, which works out to $21,100 (18%) lower than Pierz. The rent there is somewhat more expensive. In Genola the median monthly rent is $688, which works out to $46 (6%) higher than Pierz.
Lastrup
Lastrup is approximately 4 miles north from Pierz. Housing prices there are substantially less expensive. The median home in Lastrup is valued at $100,000, which is $33,600 (33%) lower than Pierz. Rents there are substantially more expensive. In Lastrup the median rent is $1,089 per month, which is $447 (41%) higher than Pierz.
Buckman
Buckman is about 4 miles south of Pierz. Its real estate prices are a bit more expensive. Buckman's median home value is $159,100, which works out to $25,500 (16%) higher than Pierz. Rent there is somewhat more expensive. Buckman's median monthly rent is $775, which works out to $133 (17%) higher than Pierz.
Little Falls
Little Falls is about 10 miles west of Pierz. Its real estate prices are fairly similar. The value of the median home in Little Falls is $128,400, which works out to $5,200 (4%) lower than Pierz. Its rents are a bit more expensive. Little Falls's median monthly rent is $799, which comes out to $157 (19%) higher than Pierz.
Royalton
Royalton is approximately 11 miles southwest from Pierz. The real estate prices there are somewhat more expensive. Royalton's median home price is $141,300, which works out to $7,700 (5%) higher than Pierz. Rents there are a bit more expensive. Royalton's median monthly rent is $690, which is $48 (6%) higher than Pierz.
