Home prices
The price of the median home in Lake of the Woods is $257,000. This is roughly $26,900 (9%) lower in comparison to nearby areas.Compared to the US as a whole it is approximately $39,500 (18%) higher, and in comparison to the city of Washington it is roughly $344,500 (57%) lower.
Rents
Lake of the Woods's median monthly rent is $1,390. It is about $24 (1%) lower in comparison to its surrounding areas.Compared to the rest of the nation it is approximately $328 (30%) higher, and is about $151 (9%) lower in comparison to the city of Washington.
Nearby places
Lake Wilderness
Lake Wilderness is roughly 2 miles southeast of Lake of the Woods. Real estate prices there are similar. The value of the median home in Lake Wilderness is $249,000, which works out to $8,000 (3%) lower than Lake of the Woods. Its rents are a bit more expensive. Lake Wilderness's median monthly rent is $1,607, which comes out to $217 (13%) higher than Lake of the Woods.
Southern Gateway
Southern Gateway is roughly 12 miles east of Lake of the Woods. Real estate prices there are a little less expensive. The median home in Southern Gateway is valued at $234,300, which works out to $22,700 (9%) lower than Lake of the Woods. Rents there are somewhat more expensive. Southern Gateway's median rent is $1,578 per month, which comes out to $188 (11%) higher than Lake of the Woods.
Spotsylvania Courthouse
Spotsylvania Courthouse is approximately 12 miles southeast from Lake of the Woods. Its real estate prices are pretty similar. The median home in Spotsylvania Courthouse is valued at $249,300, which comes out to $7,700 (3%) lower than Lake of the Woods. The rent there is a little more expensive. The median rent in Spotsylvania Courthouse is $1,633 per month, which comes out to $243 (14%) higher than Lake of the Woods.
Fredericksburg
Fredericksburg is roughly 13 miles east from Lake of the Woods. Its real estate prices are somewhat more expensive. The cost of the median home in Fredericksburg is $367,200, which comes out to $110,200 (30%) higher than Lake of the Woods. Its rents are somewhat less expensive. Fredericksburg's median rent is $1,258 per month, which is $132 (10%) lower than Lake of the Woods.
Falmouth
Falmouth is roughly 13 miles east from Lake of the Woods. The housing prices there are somewhat more expensive. Falmouth's median home price is $319,700, which comes out to $62,700 (19%) higher than Lake of the Woods. Rent there is a lot less expensive. The median monthly rent in Falmouth is $996, which is $394 (39%) lower than Lake of the Woods.
