Home prices
The cost of the median home in Chisholm is $72,500. In comparison to its surrounding areas it is roughly $17,080 (19%) lower.It is about $145,000 (66%) lower in comparison to the nation as a whole, and it is about $90,800 (55%) lower in comparison to the city of Duluth.
Rents
The median monthly rent in Chisholm is $604. It is approximately $98 (13%) lower compared to nearby areas.Compared to the rest of the nation it is about $458 (43%) lower, and compared to the city of Duluth is about $216 (26%) lower.
Nearby places
Hibbing
Hibbing is Chisholm's neighbor to the southwest. The real estate prices there are substantially more expensive. The median home in Hibbing costs $109,800, which works out to $37,300 (33%) higher than Chisholm. Rents there are a little less expensive. Hibbing's median monthly rent is $524, which works out to $80 (15%) lower than Chisholm.
Buhl
Buhl is roughly 4 miles east from Chisholm. Real estate prices there are fairly similar. The median home in Buhl costs $75,900, which works out to $3,400 (4%) higher than Chisholm. The rent there is a bit more expensive. In Buhl the median monthly rent is $788, which is $184 (23%) higher than Chisholm.
Kinney
Kinney is approximately 6 miles east from Chisholm. The real estate prices there are a little less expensive. The median home value in Kinney is $55,500, which works out to $17,000 (30%) lower than Chisholm. Rents there are significantly more expensive. The median monthly rent in Kinney is $950, which works out to $346 (36%) higher than Chisholm.
Keewatin
Keewatin is roughly 9 miles southwest from Chisholm. Its real estate prices are somewhat less expensive. Keewatin's median home price is $62,200, which comes out to $10,300 (16%) lower than Chisholm. Rent there is somewhat more expensive. Keewatin's median rent is $698 a month, which is $94 (13%) higher than Chisholm.
Mountain Iron
Mountain Iron is approximately 10 miles east of Chisholm. The housing prices there are significantly more expensive. The median home value in Mountain Iron is $144,500, which is $72,000 (49%) higher than Chisholm. The rent there is somewhat less expensive. The median monthly rent in Mountain Iron is $550, which works out to $54 (9%) lower than Chisholm.