Home prices
Waseca's median home value is $127,300. This is roughly $28,240 (18%) lower compared to the surrounding areas.Compared to the US as a whole it is roughly $90,200 (41%) lower, and is roughly $124,300 (49%) lower in comparison to the city of Minneapolis.
Rents
In Waseca the median monthly rent is $654. This is roughly $140 (17%) lower compared to its nearby areas.It is approximately $408 (38%) lower in comparison to the entire nation, and compared to the city of Minneapolis is approximately $373 (36%) lower.
Nearby places
Janesville
Janesville is about 9 miles west of Waseca. The housing prices there are somewhat more expensive. The median home in Janesville costs $140,800, which comes out to $13,500 (9%) higher than Waseca. Its rents are a little more expensive. Janesville's median monthly rent is $763, which works out to $109 (14%) higher than Waseca.
Morristown
Morristown is approximately 9 miles north from Waseca. Housing prices there are similar. The price of the median home in Morristown is $132,500, which is $5,200 (3%) higher than Waseca. Rents there are substantially more expensive. In Morristown the median monthly rent is $975, which comes out to $321 (32%) higher than Waseca.
Waterville
Waterville is approximately 9 miles north from Waseca. Housing prices there are fairly similar. Waterville's median home cost is $133,300, which works out to $6,000 (4%) higher than Waseca. Its rents are somewhat more expensive. In Waterville the median rent is $732 per month, which works out to $78 (10%) higher than Waseca.
Elysian
Elysian is approximately 10 miles northwest of Waseca. Its housing prices are a lot more expensive. The median home price in Elysian is $204,500, which works out to $77,200 (37%) higher than Waseca. Its rents are a bit more expensive. In Elysian the median monthly rent is $725, which is $71 (9%) higher than Waseca.
Owatonna
Owatonna is approximately 11 miles east from Waseca. Housing prices there are somewhat more expensive. Owatonna's median home price is $166,600, which works out to $39,300 (23%) higher than Waseca. Rent there is somewhat more expensive. In Owatonna the median rent is $773 per month, which is $119 (15%) higher than Waseca.
