Home prices
The cost of the median home in Norfolk is $145,400. It is approximately $25,540 (21%) higher compared to its nearby areas.It is roughly $72,100 (33%) lower in comparison to the rest of the country, and is approximately $28,800 (24%) higher in comparison to the city of Sioux City.
Rents
Norfolk's median monthly rent is $696. Compared to its surrounding areas this is about $42 (6%) higher.Compared to the United States as a whole it is approximately $366 (34%) lower, and compared to the city of Sioux City it is about $87 (11%) lower.
Nearby places
Hadar
Hadar is approximately 5 miles north of Norfolk. The housing prices there are similar. The median home cost in Hadar is $148,200, which comes out to $2,800 (1%) higher than Norfolk. Rent there is somewhat more expensive. The median rent in Hadar is $867 per month, which is $171 (19%) higher than Norfolk.
Battle Creek
Battle Creek is about 8 miles west of Norfolk. Real estate prices there are pretty similar. Battle Creek's median home value is $146,400, which is very similar to Norfolk. Its rents are a little less expensive. The median monthly rent in Battle Creek is $651, which comes out to $45 (6%) lower than Norfolk.
Stanton
Stanton is about 10 miles southeast of Norfolk. The housing prices there are substantially less expensive. The value of the median home in Stanton is $99,400, which is $46,000 (46%) lower than Norfolk. Rents there are significantly less expensive. In Stanton the median monthly rent is $482, which works out to $214 (44%) lower than Norfolk.
Pierce
Pierce is roughly 11 miles northwest from Norfolk. Its housing prices are somewhat less expensive. The median home in Pierce costs $115,500, which comes out to $29,900 (25%) lower than Norfolk. Rent there is a little less expensive. The median rent in Pierce is $593 a month, which comes out to $103 (17%) lower than Norfolk.
Madison
Madison is roughly 13 miles south of Norfolk. Its real estate prices are substantially less expensive. The median home value in Madison is $89,800, which works out to $55,600 (61%) lower than Norfolk. The rent there is fairly similar. In Madison the median rent is $676 per month, which is $20 (2%) lower than Norfolk.
