Similar to its nearby areas, it's a lot less expensive compared to the entire nation. It's significantly less expensive compared to the city of Grand Forks.
Home prices
The median home in Stephen is valued at $86,300. This is is very similar in comparison to other places in this area.In comparison to the entire nation it is roughly $131,200 (60%) lower, and it is roughly $124,000 (58%) lower in comparison to the city of Grand Forks.
Rents
The median monthly rent in Stephen is $645. Compared to its nearby areas this is roughly $22 (3%) higher.It is approximately $417 (39%) lower compared to the country as a whole, and in comparison to the city of Grand Forks is approximately $166 (20%) lower.
Nearby places
Argyle
Argyle is approximately 7 miles south of Stephen. The real estate prices there are a bit more expensive. The median home price in Argyle is $95,900, which comes out to $9,600 (10%) higher than Stephen. Rents there are similar. The median monthly rent in Argyle is $630, which works out to $15 (2%) lower than Stephen.
Kennedy
Kennedy is roughly 11 miles north from Stephen. Real estate prices there are a lot less expensive. The value of the median home in Kennedy is $48,300, which comes out to $38,000 (78%) lower than Stephen. Rents there are pretty similar. The median monthly rent in Kennedy is $669, which works out to $24 (3%) higher than Stephen.
Drayton
Drayton is approximately 13 miles northwest of Stephen. Housing prices there are somewhat more expensive. The median home in Drayton is valued at $94,500, which is $8,200 (8%) higher than Stephen. Rent there is a little less expensive. In Drayton the median monthly rent is $535, which works out to $110 (20%) lower than Stephen.
Karlstad
Karlstad is approximately 15 miles northeast from Stephen. The real estate prices there are a bit less expensive. The value of the median home in Karlstad is $81,300, which comes out to $5,000 (6%) lower than Stephen. Its rents are a bit less expensive. The median rent in Karlstad is $558 a month, which comes out to $87 (15%) lower than Stephen.
Warren
Warren is approximately 15 miles south from Stephen. The real estate prices there are a little more expensive. The median home cost in Warren is $109,600, which comes out to $23,300 (21%) higher than Stephen. The rent there is a bit more expensive. In Warren the median rent is $721 a month, which is $76 (10%) higher than Stephen.