Home prices
The median home in Karlstad costs $81,300. Compared to the surrounding areas it is roughly $9,700 (13%) higher.In comparison to the entire country it is roughly $136,200 (62%) lower, and it is approximately $129,000 (61%) lower compared to the city of Grand Forks.
Rents
In Karlstad the median monthly rent is $558. It is roughly $8 (1%) lower in comparison to the surrounding areas.Compared to the rest of the country it is roughly $504 (47%) lower, and it is about $253 (31%) lower in comparison to the city of Grand Forks.
Nearby places
Lake Bronson
Lake Bronson is roughly 10 miles northwest of Karlstad. The real estate prices there are substantially less expensive. The median home price in Lake Bronson is $34,400, which comes out to $46,900 (136%) lower than Karlstad. Its rents are a bit less expensive. The median monthly rent in Lake Bronson is $425, which is $133 (31%) lower than Karlstad.
Greenbush
Greenbush is about 14 miles northeast from Karlstad. Its real estate prices are fairly similar. The median home value in Greenbush is $82,500, which comes out to $1,200 (1%) higher than Karlstad. Rent there is pretty similar. The median monthly rent in Greenbush is $583, which is $25 (4%) higher than Karlstad.
Newfolden
Newfolden is roughly 14 miles southeast from Karlstad. Its real estate prices are somewhat more expensive. Newfolden's median home price is $106,500, which works out to $25,200 (23%) higher than Karlstad. Rent there is a bit less expensive. In Newfolden the median monthly rent is $508, which comes out to $50 (9%) lower than Karlstad.
Kennedy
Kennedy is roughly 15 miles west from Karlstad. Real estate prices there are a lot less expensive. The price of the median home in Kennedy is $48,300, which comes out to $33,000 (68%) lower than Karlstad. Its rents are somewhat more expensive. The median monthly rent in Kennedy is $669, which comes out to $111 (16%) higher than Karlstad.
Stephen
Stephen is approximately 15 miles southwest from Karlstad. Real estate prices there are a bit more expensive. The median home in Stephen is valued at $86,300, which comes out to $5,000 (5%) higher than Karlstad. Rents there are a little more expensive. In Stephen the median rent is $645 a month, which works out to $87 (13%) higher than Karlstad.