Home prices
The median home in Sandstone is valued at $77,500. In comparison to other places in this area this is approximately $36,800 (32%) lower.It is approximately $140,000 (64%) lower in comparison to the nation as a whole, and compared to the city of Minneapolis it is roughly $174,100 (69%) lower.
Rents
Sandstone's median rent is $824 a month. Compared to its nearby areas this is roughly $183 (28%) higher.Compared to the rest of the country it is roughly $238 (22%) lower, and it is roughly $203 (19%) lower in comparison to the city of Minneapolis.
Nearby places
Askov
Askov is about 4 miles northeast from Sandstone. Housing prices there are a bit more expensive. Askov's median home value is $107,600, which comes out to $30,100 (27%) higher than Sandstone. The rent there is substantially less expensive. The median monthly rent in Askov is $358, which is $466 (130%) lower than Sandstone.
Finlayson
Finlayson is roughly 5 miles northwest of Sandstone. Its housing prices are significantly more expensive. The price of the median home in Finlayson is $118,800, which is $41,300 (34%) higher than Sandstone. Rents there are a lot less expensive. In Finlayson the median monthly rent is $568, which works out to $256 (45%) lower than Sandstone.
Hinckley
Hinckley is approximately 7 miles south of Sandstone. Housing prices there are significantly more expensive. The cost of the median home in Hinckley is $115,300, which comes out to $37,800 (32%) higher than Sandstone. Rents there are a bit less expensive. In Hinckley the median monthly rent is $749, which works out to $75 (10%) lower than Sandstone.
Rutledge
Rutledge is roughly 7 miles north from Sandstone. Its housing prices are somewhat more expensive. The price of the median home in Rutledge is $106,300, which is $28,800 (27%) higher than Sandstone. Its rents are pretty similar. In Rutledge the median monthly rent is $792, which works out to $32 (4%) lower than Sandstone.
Willow River
Willow River is about 11 miles north of Sandstone. Real estate prices there are a lot more expensive. The median home cost in Willow River is $123,500, which works out to $46,000 (37%) higher than Sandstone. Rent there is a bit less expensive. In Willow River the median rent is $740 per month, which comes out to $84 (11%) lower than Sandstone.