Home prices
Loon Lake's median home price is $209,000. This is roughly $57,020 (37%) higher compared to nearby areas.Compared to the United States as a whole it is roughly $8,500 (3%) lower, and it is about $21,400 (11%) higher compared to the city of Spokane.
Rents
The median monthly rent in Loon Lake is $438. It is approximately $373 (45%) lower compared to nearby areas.It is roughly $624 (58%) lower in comparison to the nation as a whole, and is roughly $428 (49%) lower in comparison to the city of Spokane.
Nearby places
Springdale
Springdale is about 4 miles west from Loon Lake. The housing prices there are substantially less expensive. The cost of the median home in Springdale is $110,400, which comes out to $98,600 (89%) lower than Loon Lake. The rent there is substantially more expensive. Springdale's median rent is $866 per month, which works out to $428 (49%) higher than Loon Lake.
Deer Park
Deer Park is about 9 miles southeast of Loon Lake. Real estate prices there are somewhat less expensive. The median home value in Deer Park is $190,000, which works out to $19,000 (10%) lower than Loon Lake. Its rents are significantly more expensive. In Deer Park the median rent is $760 per month, which works out to $322 (42%) higher than Loon Lake.
Chewelah
Chewelah is approximately 13 miles north of Loon Lake. The housing prices there are somewhat less expensive. The median home in Chewelah is valued at $166,000, which comes out to $43,000 (25%) lower than Loon Lake. The rent there is somewhat more expensive. In Chewelah the median monthly rent is $541, which works out to $103 (19%) higher than Loon Lake.
Cusick
Cusick is approximately 20 miles northeast from Loon Lake. The housing prices there are significantly less expensive. The median home in Cusick is valued at $55,000, which is $154,000 (280%) lower than Loon Lake. Its rents are substantially more expensive. The median monthly rent in Cusick is $890, which comes out to $452 (50%) higher than Loon Lake.
Mead
Mead is roughly 20 miles southeast of Loon Lake. The housing prices there are a little more expensive. The median home in Mead is valued at $238,500, which works out to $29,500 (12%) higher than Loon Lake. Rents there are significantly more expensive. In Mead the median rent is $996 per month, which is $558 (56%) higher than Loon Lake.
