Home prices
The median home in Lakota is valued at $104,000. In comparison to its surrounding areas this is approximately $39,080 (60%) higher.Compared to the entire nation it is approximately $113,500 (52%) lower, and it is approximately $106,300 (50%) lower compared to the city of Grand Forks.
Rents
In Lakota the median monthly rent is $530. In comparison to nearby areas this is roughly $77 (12%) lower.It is about $532 (50%) lower compared to the rest of the country, and is roughly $281 (34%) lower in comparison to the city of Grand Forks.
Nearby places
Michigan City
Michigan City is about 8 miles east of Lakota. The housing prices there are significantly less expensive. Michigan City's median home price is $72,500, which is $31,500 (43%) lower than Lakota. The rent there is a little less expensive. The median rent in Michigan City is $488 a month, which comes out to $42 (8%) lower than Lakota.
Tolna
Tolna is approximately 13 miles south from Lakota. The housing prices there are significantly less expensive. Tolna's median home price is $73,300, which comes out to $30,700 (41%) lower than Lakota. Rents there are substantially less expensive. In Tolna the median monthly rent is $392, which works out to $138 (35%) lower than Lakota.
Petersburg
Petersburg is roughly 13 miles east from Lakota. Real estate prices there are a bit less expensive. The cost of the median home in Petersburg is $85,000, which comes out to $19,000 (22%) lower than Lakota. The rent there is somewhat more expensive. In Petersburg the median monthly rent is $717, which comes out to $187 (26%) higher than Lakota.
McVille
McVille is approximately 17 miles south from Lakota. Its real estate prices are substantially less expensive. The value of the median home in McVille is $62,100, which works out to $41,900 (67%) lower than Lakota. The rent there is a little less expensive. In McVille the median rent is $465 per month, which works out to $65 (13%) lower than Lakota.
Warwick
Warwick is roughly 17 miles southwest from Lakota. The real estate prices there are significantly less expensive. The median home in Warwick costs $31,700, which is $72,300 (228%) lower than Lakota. Rents there are significantly more expensive. Warwick's median monthly rent is $975, which is $445 (45%) higher than Lakota.