Home prices
The median home in Boyne City costs $147,500. This is approximately $19,780 (15%) higher compared to the surrounding areas.In comparison to the rest of the nation it is roughly $70,000 (32%) lower, and in comparison to the city of Sault Ste. Marie is approximately $55,000 (59%) higher.
Rents
In Boyne City the median rent is $737 a month. This is roughly $21 (2%) higher compared to other places in this area.In comparison to the US as a whole it is about $325 (30%) lower, and in comparison to the city of Sault Ste. Marie it is approximately $39 (5%) higher.
Nearby places
Walloon Lake
Walloon Lake is roughly 4 miles northeast of Boyne City. Its real estate prices are somewhat more expensive. The value of the median home in Walloon Lake is $166,700, which works out to $19,200 (11%) higher than Boyne City. The rent there is a little more expensive. The median rent in Walloon Lake is $1,000 a month, which comes out to $263 (26%) higher than Boyne City.
Boyne Falls
Boyne Falls is about 5 miles southeast of Boyne City. Real estate prices there are significantly less expensive. Boyne Falls's median home price is $105,800, which comes out to $41,700 (39%) lower than Boyne City. Rent there is similar. Boyne Falls's median monthly rent is $725, which is $12 (1%) lower than Boyne City.
East Jordan
East Jordan is about 6 miles southwest from Boyne City. Its housing prices are substantially less expensive. The median home price in East Jordan is $81,200, which is $66,300 (81%) lower than Boyne City. Rents there are a bit less expensive. The median rent in East Jordan is $573 a month, which is $164 (28%) lower than Boyne City.
Petoskey
Petoskey is roughly 9 miles north from Boyne City. Housing prices there are a little more expensive. The value of the median home in Petoskey is $177,000, which comes out to $29,500 (16%) higher than Boyne City. The rent there is fairly similar. The median monthly rent in Petoskey is $714, which works out to $23 (3%) lower than Boyne City.
Ellsworth
Ellsworth is approximately 9 miles west of Boyne City. Real estate prices there are a lot less expensive. The value of the median home in Ellsworth is $107,900, which comes out to $39,600 (36%) lower than Boyne City. Rents there are a bit less expensive. Ellsworth's median rent is $570 per month, which comes out to $167 (29%) lower than Boyne City.
