Similar to its surrounding areas, it's a bit less expensive compared to the rest of the country. Compared to the city of Los Angeles however, it's a lot less expensive.
Home prices
The median home in Lake of the Woods is valued at $173,900. In comparison to its surrounding areas this is roughly $6,940 (3%) lower.In comparison to the nation as a whole it is roughly $43,600 (20%) lower, and is about $463,000 (72%) lower compared to the city of Los Angeles.
Rents
The median monthly rent in Lake of the Woods is $722. It is approximately $323 (30%) lower in comparison to other places in this area.In comparison to the entire nation it is roughly $340 (32%) lower, and is approximately $728 (50%) lower compared to the city of Los Angeles.
Nearby places
Frazier Park
Frazier Park is Lake of the Woods's neighbor to the east. The housing prices there are a bit less expensive. The median home value in Frazier Park is $160,000, which comes out to $13,900 (8%) lower than Lake of the Woods. The rent there is a bit more expensive. Frazier Park's median rent is $861 a month, which works out to $139 (16%) higher than Lake of the Woods.
Pine Mountain Club
Pine Mountain Club is about 8 miles west from Lake of the Woods. The housing prices there are a bit more expensive. The median home price in Pine Mountain Club is $249,200, which works out to $75,300 (30%) higher than Lake of the Woods. Rent there is a lot more expensive. Pine Mountain Club's median monthly rent is $1,321, which works out to $599 (45%) higher than Lake of the Woods.
Mettler
Mettler is about 17 miles north of Lake of the Woods. Its real estate prices are a bit less expensive. Mettler's median home value is $134,700, which works out to $39,200 (29%) lower than Lake of the Woods. Rent there is a bit less expensive. In Mettler the median rent is $671 a month, which is $51 (7%) lower than Lake of the Woods.
Maricopa
Maricopa is roughly 26 miles northwest of Lake of the Woods. Real estate prices there are substantially less expensive. The median home in Maricopa costs $77,100, which is $96,800 (125%) lower than Lake of the Woods. Rents there are a bit more expensive. Maricopa's median monthly rent is $806, which is $84 (10%) higher than Lake of the Woods.
Stallion Springs
Stallion Springs is about 26 miles northeast from Lake of the Woods. Its real estate prices are significantly more expensive. The median home in Stallion Springs costs $283,200, which is $109,300 (38%) higher than Lake of the Woods. Rent there is substantially more expensive. The median rent in Stallion Springs is $1,566 per month, which comes out to $844 (53%) higher than Lake of the Woods.