Home prices
The median home in Millwood is valued at $173,700. In comparison to nearby areas it is approximately $59,000 (25%) lower.It is about $43,800 (20%) lower in comparison to the United States as a whole, and is approximately $13,900 (7%) lower in comparison to the city of Spokane.
Rents
In Millwood the median monthly rent is $781. It is about $221 (22%) lower compared to its surrounding areas.It is roughly $281 (26%) lower compared to the entire country, and it is approximately $85 (9%) lower in comparison to the city of Spokane.
Nearby places
Spokane Valley
Spokane Valley is Millwood's neighbor to the southeast. Its real estate prices are a little more expensive. Spokane Valley's median home value is $204,700, which works out to $31,000 (15%) higher than Millwood. Rents there are somewhat more expensive. The median monthly rent in Spokane Valley is $946, which is $165 (17%) higher than Millwood.
Town and Country
Town and Country is approximately 6 miles northwest of Millwood. Real estate prices there are a bit more expensive. The value of the median home in Town and Country is $186,600, which is $12,900 (6%) higher than Millwood. Its rents are a bit more expensive. In Town and Country the median monthly rent is $1,127, which is $346 (30%) higher than Millwood.
Mead
Mead is roughly 6 miles northwest from Millwood. Real estate prices there are a little more expensive. The median home in Mead is valued at $238,500, which is $64,800 (27%) higher than Millwood. Rent there is a bit more expensive. In Mead the median rent is $996 per month, which works out to $215 (21%) higher than Millwood.
Country Homes
Country Homes is about 6 miles northwest of Millwood. Its housing prices are somewhat more expensive. The median home in Country Homes is valued at $247,500, which works out to $73,800 (29%) higher than Millwood. The rent there is fairly similar. Country Homes's median rent is $811 a month, which works out to $30 (3%) higher than Millwood.
Liberty Lake
Liberty Lake is about 7 miles east from Millwood. Its housing prices are a lot more expensive. The price of the median home in Liberty Lake is $286,200, which comes out to $112,500 (39%) higher than Millwood. Rent there is somewhat more expensive. Liberty Lake's median rent is $1,132 a month, which is $351 (31%) higher than Millwood.