Home prices
The cost of the median home in Elmwood is $122,500. In comparison to the surrounding areas this is roughly $7,380 (6%) higher.It is about $95,000 (43%) lower in comparison to the United States as a whole, and is roughly $129,100 (51%) lower compared to the city of Minneapolis.
Rents
The median rent in Elmwood is $660 a month. This is roughly $67 (9%) lower compared to the surrounding areas.It is roughly $402 (37%) lower in comparison to the entire nation, and it is roughly $367 (35%) lower in comparison to the city of Minneapolis.
Nearby places
Spring Valley
Spring Valley is roughly 5 miles northwest from Elmwood. Its housing prices are fairly similar. The median home value in Spring Valley is $124,100, which works out to $1,600 (1%) higher than Elmwood. Its rents are a bit more expensive. The median rent in Spring Valley is $905 per month, which comes out to $245 (27%) higher than Elmwood.
Downsville
Downsville is approximately 9 miles east of Elmwood. Real estate prices there are a little more expensive. The median home value in Downsville is $130,400, which comes out to $7,900 (6%) higher than Elmwood. Rents there are fairly similar. Downsville's median monthly rent is $659, which is very similar to Elmwood.
Plum City
Plum City is roughly 9 miles south of Elmwood. Its housing prices are a bit less expensive. Plum City's median home price is $114,000, which is $8,500 (7%) lower than Elmwood. The rent there is pretty similar. The median rent in Plum City is $652 a month, which comes out to $8 (1%) lower than Elmwood.
Arkansaw
Arkansaw is about 10 miles southeast from Elmwood. Its housing prices are substantially less expensive. The median home in Arkansaw costs $88,300, which comes out to $34,200 (38%) lower than Elmwood. Rent there is fairly similar. The median rent in Arkansaw is $674 per month, which comes out to $14 (2%) higher than Elmwood.
Knapp
Knapp is approximately 11 miles north from Elmwood. Housing prices there are pretty similar. The median home price in Knapp is $118,800, which is $3,700 (3%) lower than Elmwood. The rent there is a little more expensive. In Knapp the median monthly rent is $747, which comes out to $87 (11%) higher than Elmwood.
