Home prices
The median home price in Palouse is $169,700. Compared to the surrounding areas it is approximately $27,640 (19%) higher.It is roughly $47,800 (21%) lower compared to the entire country, and in comparison to the city of Spokane is roughly $17,900 (9%) lower.
Rents
Palouse's median rent is $540 per month. In comparison to other places in this area this is roughly $99 (15%) lower.In comparison to the US as a whole it is roughly $522 (49%) lower, and in comparison to the city of Spokane it is roughly $326 (37%) lower.
Nearby places
Garfield
Garfield is about 6 miles northwest from Palouse. Its real estate prices are a little less expensive. The median home in Garfield costs $146,000, which works out to $23,700 (16%) lower than Palouse. Rent there is substantially more expensive. In Garfield the median rent is $911 per month, which works out to $371 (40%) higher than Palouse.
Potlatch
Potlatch is approximately 7 miles east of Palouse. Real estate prices there are a bit less expensive. The median home price in Potlatch is $135,500, which works out to $34,200 (25%) lower than Palouse. Rent there is a bit less expensive. Potlatch's median rent is $441 a month, which works out to $99 (22%) lower than Palouse.
Albion
Albion is roughly 10 miles southwest from Palouse. Housing prices there are a bit less expensive. The median home in Albion costs $140,900, which works out to $28,800 (20%) lower than Palouse. The rent there is a little more expensive. Albion's median monthly rent is $719, which is $179 (24%) higher than Palouse.
Colfax
Colfax is roughly 10 miles west from Palouse. The real estate prices there are pretty similar. Colfax's median home cost is $166,000, which comes out to $3,700 (2%) lower than Palouse. The rent there is somewhat more expensive. Colfax's median monthly rent is $732, which comes out to $192 (26%) higher than Palouse.
Farmington
Farmington is approximately 10 miles north from Palouse. Its real estate prices are substantially less expensive. The median home in Farmington is valued at $121,900, which works out to $47,800 (39%) lower than Palouse. Its rents are substantially less expensive. The median rent in Farmington is $392 per month, which works out to $148 (37%) lower than Palouse.
