Home prices
The median home in Northrop costs $65,000. It is approximately $15,360 (19%) lower compared to its surrounding areas.It is approximately $152,500 (70%) lower in comparison to the US as a whole, and compared to the city of Mankato is roughly $114,400 (63%) lower.
Rents
In Northrop the median monthly rent is $583. Compared to other places in this area this is approximately $49 (7%) lower.It is roughly $479 (45%) lower compared to the country as a whole, and compared to the city of Mankato it is approximately $316 (35%) lower.
Nearby places
Granada
Granada is about 4 miles southeast of Northrop. Its real estate prices are a little less expensive. The median home in Granada costs $52,000, which comes out to $13,000 (25%) lower than Northrop. The rent there is a little more expensive. Granada's median monthly rent is $710, which comes out to $127 (17%) higher than Northrop.
Truman
Truman is roughly 5 miles north from Northrop. Its housing prices are a bit more expensive. The median home in Truman costs $78,000, which is $13,000 (16%) higher than Northrop. The rent there is a little more expensive. Truman's median rent is $614 per month, which comes out to $31 (5%) higher than Northrop.
Fairmont
Fairmont is approximately 5 miles south from Northrop. The housing prices there are substantially more expensive. The median home in Fairmont is valued at $123,700, which comes out to $58,700 (47%) higher than Northrop. Rent there is a bit more expensive. The median monthly rent in Fairmont is $621, which is $38 (6%) higher than Northrop.
Welcome
Welcome is about 8 miles southwest from Northrop. The real estate prices there are a little more expensive. The median home in Welcome costs $84,800, which comes out to $19,800 (23%) higher than Northrop. Its rents are pretty similar. Welcome's median monthly rent is $580, which is very similar to Northrop.
Winnebago
Winnebago is approximately 11 miles east of Northrop. Its housing prices are pretty similar. The value of the median home in Winnebago is $63,300, which works out to $1,700 (2%) lower than Northrop. Rents there are a little more expensive. In Winnebago the median monthly rent is $635, which is $52 (8%) higher than Northrop.