Much like its surrounding areas, it is somewhat more expensive compared to the country as a whole. However it is substantially more expensive compared to the city of Kansas City.
Home prices
The median home value in Platte Woods is $238,500. This is is very similar compared to nearby areas.Compared to the nation as a whole it is approximately $21,000 (9%) higher, and in comparison to the city of Kansas City it is roughly $83,900 (54%) higher.
Rents
The median rent in Platte Woods is $1,556 per month. Compared to other places in this area this is approximately $425 (37%) higher.It is roughly $494 (46%) higher in comparison to the nation as a whole, and it is approximately $615 (65%) higher in comparison to the city of Kansas City.
Nearby places
Weatherby Lake
Weatherby Lake is approximately 2 miles west of Platte Woods. Real estate prices there are significantly more expensive. The median home in Weatherby Lake is valued at $367,100, which comes out to $128,600 (35%) higher than Platte Woods. The rent there is somewhat more expensive. Weatherby Lake's median monthly rent is $2,039, which is $483 (23%) higher than Platte Woods.
Houston Lake
Houston Lake is roughly 2 miles southeast from Platte Woods. The real estate prices there are a lot less expensive. The median home in Houston Lake is valued at $137,500, which works out to $101,000 (73%) lower than Platte Woods. Its rents are substantially less expensive. In Houston Lake the median monthly rent is $900, which comes out to $656 (72%) lower than Platte Woods.
Northmoor
Northmoor is about 3 miles southeast from Platte Woods. The real estate prices there are significantly less expensive. The median home in Northmoor costs $127,300, which comes out to $111,200 (87%) lower than Platte Woods. The rent there is significantly less expensive. The median rent in Northmoor is $875 per month, which works out to $681 (77%) lower than Platte Woods.
Parkville
Parkville is approximately 3 miles southwest of Platte Woods. Its housing prices are significantly more expensive. The median home in Parkville is valued at $411,600, which comes out to $173,100 (42%) higher than Platte Woods. Its rents are substantially less expensive. In Parkville the median monthly rent is $714, which is $842 (117%) lower than Platte Woods.
Oakwood Park
Oakwood Park is about 3 miles southeast of Platte Woods. Real estate prices there are a lot less expensive. The cost of the median home in Oakwood Park is $142,300, which comes out to $96,200 (67%) lower than Platte Woods. The rent there is substantially less expensive. Oakwood Park's median rent is $1,125 a month, which comes out to $431 (38%) lower than Platte Woods.