Home prices
Lake of the Woods's median home value is $114,600. This is about $25,660 (18%) lower in comparison to other places in this area.It is approximately $102,900 (47%) lower in comparison to the entire nation, and it is about $47,200 (29%) lower in comparison to the city of Champaign.
Rents
The median monthly rent in Lake of the Woods is $926. This is roughly $132 (16%) higher in comparison to nearby areas.It is roughly $136 (12%) lower in comparison to the entire country, and is approximately $26 (2%) lower in comparison to the city of Champaign.
Nearby places
Mahomet
Mahomet is Lake of the Woods's neighbor to the southwest. Its housing prices are substantially more expensive. The median home in Mahomet costs $240,300, which is $125,700 (52%) higher than Lake of the Woods. The rent there is similar. The median rent in Mahomet is $939 per month, which comes out to $13 (1%) higher than Lake of the Woods.
Mansfield
Mansfield is roughly 6 miles west from Lake of the Woods. Housing prices there are a bit more expensive. The median home in Mansfield is valued at $125,600, which is $11,000 (8%) higher than Lake of the Woods. The rent there is somewhat less expensive. In Mansfield the median monthly rent is $863, which comes out to $63 (7%) lower than Lake of the Woods.
Bondville
Bondville is about 6 miles south from Lake of the Woods. Its real estate prices are fairly similar. The median home in Bondville costs $114,000, which is very similar to Lake of the Woods. Rent there is somewhat less expensive. In Bondville the median rent is $713 per month, which comes out to $213 (29%) lower than Lake of the Woods.
Fisher
Fisher is about 7 miles north of Lake of the Woods. Its real estate prices are a bit more expensive. The median home value in Fisher is $132,800, which works out to $18,200 (13%) higher than Lake of the Woods. Its rents are a little less expensive. Fisher's median rent is $735 per month, which works out to $191 (25%) lower than Lake of the Woods.
Thomasboro
Thomasboro is approximately 8 miles east of Lake of the Woods. Real estate prices there are a bit less expensive. The value of the median home in Thomasboro is $88,600, which comes out to $26,000 (29%) lower than Lake of the Woods. The rent there is somewhat less expensive. In Thomasboro the median monthly rent is $718, which is $208 (28%) lower than Lake of the Woods.
