Home prices
The median home value in Big Lake is $200,000. Compared to other places in this area it is approximately $36,060 (21%) higher.Compared to the rest of the nation it is roughly $17,500 (8%) lower, and it is about $36,700 (22%) higher compared to the city of Duluth.
Rents
The median monthly rent in Big Lake is $104. It is approximately $888 (89%) lower in comparison to its nearby areas.Compared to the entire country it is roughly $958 (90%) lower, and compared to the city of Duluth it is approximately $716 (87%) lower.
Nearby places
Cloquet
Cloquet is roughly 5 miles east of Big Lake. Its housing prices are substantially less expensive. The median home value in Cloquet is $142,700, which is $57,300 (40%) lower than Big Lake. Rent there is substantially more expensive. Cloquet's median rent is $761 a month, which works out to $657 (86%) higher than Big Lake.
Scanlon
Scanlon is approximately 7 miles east of Big Lake. Real estate prices there are substantially less expensive. The median home value in Scanlon is $149,300, which is $50,700 (33%) lower than Big Lake. Rents there are significantly more expensive. In Scanlon the median rent is $1,224 a month, which comes out to $1,120 (91%) higher than Big Lake.
Carlton
Carlton is approximately 9 miles east from Big Lake. Its real estate prices are substantially less expensive. The price of the median home in Carlton is $145,700, which comes out to $54,300 (37%) lower than Big Lake. Rents there are a lot more expensive. In Carlton the median monthly rent is $756, which works out to $652 (86%) higher than Big Lake.
Cromwell
Cromwell is about 9 miles west of Big Lake. The housing prices there are somewhat less expensive. The price of the median home in Cromwell is $160,000, which is $40,000 (25%) lower than Big Lake. Its rents are substantially more expensive. In Cromwell the median monthly rent is $929, which comes out to $825 (88%) higher than Big Lake.
Esko
Esko is about 10 miles east of Big Lake. Its real estate prices are a little more expensive. The median home in Esko costs $222,000, which comes out to $22,000 (9%) higher than Big Lake. Rents there are substantially more expensive. Esko's median rent is $1,292 a month, which works out to $1,188 (91%) higher than Big Lake.