Home prices
The median home in Herrick is valued at $48,300. Compared to other places in this area it is roughly $14,740 (23%) lower.In comparison to the US as a whole it is roughly $169,200 (77%) lower, and in comparison to the city of Mitchell is approximately $98,900 (67%) lower.
Rents
Herrick's median monthly rent is $975. This is about $493 (102%) higher compared to nearby areas.In comparison to the rest of the country it is roughly $87 (8%) lower, and compared to the city of Mitchell is roughly $219 (28%) higher.
Nearby places
Burke
Burke is about 6 miles northwest of Herrick. Its real estate prices are a lot more expensive. The median home in Burke costs $83,200, which works out to $34,900 (41%) higher than Herrick. The rent there is significantly less expensive. In Burke the median monthly rent is $509, which works out to $466 (91%) lower than Herrick.
Bonesteel
Bonesteel is roughly 10 miles east from Herrick. The housing prices there are a bit more expensive. The median home price in Bonesteel is $51,700, which works out to $3,400 (6%) higher than Herrick. Rent there is a lot less expensive. In Bonesteel the median rent is $469 per month, which works out to $506 (107%) lower than Herrick.
Gregory
Gregory is approximately 12 miles northwest of Herrick. Real estate prices there are significantly more expensive. The median home price in Gregory is $91,100, which works out to $42,800 (46%) higher than Herrick. Rents there are substantially less expensive. In Gregory the median rent is $535 a month, which is $440 (82%) lower than Herrick.
Fairfax
Fairfax is approximately 14 miles southeast of Herrick. Real estate prices there are fairly similar. The median home in Fairfax is valued at $46,700, which comes out to $1,600 (3%) lower than Herrick. Rents there are a lot less expensive. Fairfax's median rent is $413 a month, which is $562 (136%) lower than Herrick.
Butte
Butte is roughly 19 miles southeast from Herrick. The housing prices there are somewhat less expensive. The median home in Butte costs $42,500, which is $5,800 (13%) lower than Herrick. Rents there are significantly less expensive. In Butte the median rent is $483 a month, which works out to $492 (101%) lower than Herrick.