Home prices
The value of the median home in Medical Lake is $198,300. It is approximately $24,360 (14%) higher in comparison to its nearby areas.It is roughly $19,200 (8%) lower in comparison to the rest of the country, and in comparison to the city of Spokane it is about $10,700 (5%) higher.
Rents
Medical Lake's median rent is $692 per month. Compared to the surrounding areas it is about $159 (18%) lower.It is roughly $370 (34%) lower in comparison to the United States as a whole, and in comparison to the city of Spokane is about $174 (20%) lower.
Nearby places
Airway Heights
Airway Heights is about 6 miles northeast of Medical Lake. The housing prices there are a little less expensive. The price of the median home in Airway Heights is $174,900, which is $23,400 (13%) lower than Medical Lake. Rent there is a little more expensive. In Airway Heights the median monthly rent is $966, which comes out to $274 (28%) higher than Medical Lake.
Cheney
Cheney is approximately 6 miles southeast of Medical Lake. Its real estate prices are fairly similar. The cost of the median home in Cheney is $203,500, which is $5,200 (2%) higher than Medical Lake. Its rents are a little more expensive. Cheney's median rent is $893 a month, which works out to $201 (22%) higher than Medical Lake.
Reardan
Reardan is roughly 9 miles northwest from Medical Lake. Its real estate prices are somewhat less expensive. The price of the median home in Reardan is $153,100, which works out to $45,200 (29%) lower than Medical Lake. The rent there is somewhat less expensive. In Reardan the median monthly rent is $533, which is $159 (29%) lower than Medical Lake.
Town and Country
Town and Country is roughly 13 miles northeast of Medical Lake. The housing prices there are a bit less expensive. The median home in Town and Country is valued at $186,600, which is $11,700 (6%) lower than Medical Lake. Rents there are substantially more expensive. In Town and Country the median rent is $1,127 a month, which works out to $435 (38%) higher than Medical Lake.
Spangle
Spangle is roughly 14 miles southeast from Medical Lake. The real estate prices there are a little less expensive. The cost of the median home in Spangle is $151,600, which comes out to $46,700 (30%) lower than Medical Lake. Rent there is somewhat more expensive. Spangle's median monthly rent is $738, which works out to $46 (6%) higher than Medical Lake.
