Home prices
The median home in Virginia is valued at $92,200. It is about $4,680 (5%) higher in comparison to nearby areas.In comparison to the rest of the country it is about $125,300 (57%) lower, and in comparison to the city of Duluth it is approximately $71,100 (43%) lower.
Rents
Virginia's median rent is $626 a month. It is about $55 (8%) lower compared to other places in this area.It is approximately $436 (41%) lower compared to the US as a whole, and is about $194 (23%) lower compared to the city of Duluth.
Nearby places
Gilbert
Gilbert is Virginia's neighbor to the southeast. Real estate prices there are pretty similar. Gilbert's median home value is $92,500, which is very similar to Virginia. Rent there is somewhat more expensive. In Gilbert the median rent is $671 a month, which works out to $45 (6%) higher than Virginia.
Eveleth
Eveleth is Virginia's neighbor to the south. Real estate prices there are a little less expensive. The median home in Eveleth costs $76,000, which works out to $16,200 (21%) lower than Virginia. Rents there are pretty similar. Eveleth's median rent is $620 a month, which is very similar to Virginia.
Mountain Iron
Mountain Iron is Virginia's neighbor to the west. The housing prices there are a lot more expensive. The median home in Mountain Iron costs $144,500, which is $52,300 (36%) higher than Virginia. Rent there is a little less expensive. Mountain Iron's median rent is $550 a month, which works out to $76 (13%) lower than Virginia.
Biwabik
Biwabik is about 7 miles east of Virginia. Real estate prices there are significantly less expensive. The median home in Biwabik is valued at $69,100, which comes out to $23,100 (33%) lower than Virginia. Rent there is similar. In Biwabik the median monthly rent is $616, which comes out to $10 (1%) lower than Virginia.
Kinney
Kinney is roughly 8 miles west of Virginia. Its housing prices are substantially less expensive. The median home in Kinney costs $55,500, which is $36,700 (66%) lower than Virginia. Its rents are significantly more expensive. The median rent in Kinney is $950 per month, which works out to $324 (34%) higher than Virginia.
