Similar to the surrounding areas, it's a lot less expensive compared to the country as a whole. Compared to the city of St. Paul, it's a lot less expensive.
Home prices
The median home in Grand Meadow is valued at $112,100. Compared to nearby areas this is approximately $1,760 (1%) higher.Compared to the entire nation it is about $105,400 (48%) lower, and compared to the city of St. Paul is roughly $95,900 (46%) lower.
Rents
Grand Meadow's median monthly rent is $681. It is about $22 (3%) lower in comparison to nearby areas.It is approximately $381 (35%) lower in comparison to the nation as a whole, and it is approximately $287 (29%) lower in comparison to the city of St. Paul.
Nearby places
Dexter
Dexter is approximately 5 miles west from Grand Meadow. Housing prices there are pretty similar. Dexter's median home value is $111,400, which is very similar to Grand Meadow. Its rents are a lot less expensive. In Dexter the median rent is $428 a month, which comes out to $253 (59%) lower than Grand Meadow.
Racine
Racine is approximately 5 miles northeast of Grand Meadow. Its real estate prices are significantly more expensive. Racine's median home value is $167,700, which is $55,600 (33%) higher than Grand Meadow. The rent there is a lot more expensive. The median rent in Racine is $1,021 a month, which comes out to $340 (33%) higher than Grand Meadow.
Elkton
Elkton is roughly 6 miles southwest of Grand Meadow. Its housing prices are a lot less expensive. The median home in Elkton is valued at $80,000, which comes out to $32,100 (40%) lower than Grand Meadow. Its rents are a bit more expensive. In Elkton the median monthly rent is $725, which is $44 (6%) higher than Grand Meadow.
Spring Valley
Spring Valley is about 7 miles east of Grand Meadow. Its real estate prices are fairly similar. The median home value in Spring Valley is $106,800, which works out to $5,300 (4%) lower than Grand Meadow. Its rents are somewhat less expensive. Spring Valley's median rent is $590 a month, which works out to $91 (15%) lower than Grand Meadow.
Ostrander
Ostrander is roughly 8 miles southeast from Grand Meadow. Its housing prices are a bit less expensive. The cost of the median home in Ostrander is $85,800, which is $26,300 (30%) lower than Grand Meadow. Rent there is a little more expensive. Ostrander's median rent is $750 per month, which works out to $69 (9%) higher than Grand Meadow.