Home prices
The median home value in Ringsted is $33,900. This is about $20,060 (37%) lower in comparison to the surrounding areas.It is roughly $183,600 (84%) lower compared to the United States as a whole, and compared to the city of Mankato is approximately $145,500 (81%) lower.
Rents
The median rent in Ringsted is $525 a month. Compared to the surrounding areas it is roughly $50 (8%) lower.It is roughly $537 (50%) lower compared to the nation as a whole, and in comparison to the city of Mankato is approximately $374 (41%) lower.
Nearby places
Fenton
Fenton is approximately 6 miles southeast from Ringsted. Housing prices there are a little more expensive. The cost of the median home in Fenton is $42,700, which works out to $8,800 (20%) higher than Ringsted. Rents there are somewhat less expensive. In Fenton the median rent is $463 a month, which is $62 (13%) lower than Ringsted.
Armstrong
Armstrong is approximately 6 miles north of Ringsted. The housing prices there are a lot more expensive. The value of the median home in Armstrong is $72,400, which works out to $38,500 (53%) higher than Ringsted. Rent there is somewhat more expensive. Armstrong's median monthly rent is $586, which comes out to $61 (10%) higher than Ringsted.
Lone Rock
Lone Rock is approximately 9 miles southeast from Ringsted. Its housing prices are a bit more expensive. The cost of the median home in Lone Rock is $47,500, which comes out to $13,600 (28%) higher than Ringsted. Rents there are somewhat more expensive. Lone Rock's median monthly rent is $600, which is $75 (12%) higher than Ringsted.
Swea City
Swea City is roughly 10 miles northeast of Ringsted. Its real estate prices are somewhat more expensive. Swea City's median home value is $40,700, which works out to $6,800 (16%) higher than Ringsted. The rent there is a bit more expensive. Swea City's median monthly rent is $730, which works out to $205 (28%) higher than Ringsted.
Graettinger
Graettinger is about 11 miles west from Ringsted. The real estate prices there are substantially more expensive. Graettinger's median home cost is $66,500, which works out to $32,600 (49%) higher than Ringsted. Rents there are a little less expensive. In Graettinger the median rent is $494 per month, which comes out to $31 (6%) lower than Ringsted.
