Home prices
The median home value in Reserve is $91,700. Compared to its nearby areas it is approximately $16,480 (15%) lower.Compared to the entire nation it is about $125,800 (57%) lower, and is about $71,600 (43%) lower in comparison to the city of Duluth.
Rents
In Reserve the median rent is $386 per month. This is approximately $137 (26%) lower compared to its surrounding areas.Compared to the entire nation it is approximately $676 (63%) lower, and it is roughly $434 (52%) lower compared to the city of Duluth.
Nearby places
Chief Lake
Chief Lake is Reserve's neighbor to the north. Its housing prices are somewhat more expensive. Chief Lake's median home price is $111,400, which works out to $19,700 (17%) higher than Reserve. Rents there are substantially more expensive. In Chief Lake the median monthly rent is $569, which works out to $183 (32%) higher than Reserve.
New Post
New Post is Reserve's neighbor to the northeast. Its housing prices are significantly more expensive. The median home in New Post is valued at $211,100, which works out to $119,400 (56%) higher than Reserve. Rents there are somewhat less expensive. The median rent in New Post is $364 a month, which comes out to $22 (6%) lower than Reserve.
Radisson
Radisson is approximately 6 miles southeast from Reserve. Real estate prices there are substantially less expensive. The median home in Radisson is valued at $61,900, which is $29,800 (48%) lower than Reserve. Its rents are a lot more expensive. In Radisson the median rent is $724 a month, which is $338 (46%) higher than Reserve.
Little Round Lake
Little Round Lake is roughly 8 miles north from Reserve. Its real estate prices are a little less expensive. The median home in Little Round Lake is valued at $80,700, which is $11,000 (13%) lower than Reserve. Rent there is somewhat less expensive. The median rent in Little Round Lake is $352 per month, which is $34 (9%) lower than Reserve.
Exeland
Exeland is about 11 miles southeast of Reserve. Housing prices there are somewhat less expensive. The median home price in Exeland is $75,800, which comes out to $15,900 (20%) lower than Reserve. The rent there is significantly more expensive. In Exeland the median rent is $608 a month, which comes out to $222 (36%) higher than Reserve.
