Home prices
The median home price in Bayfield is $172,700. Compared to nearby areas it is roughly $69,080 (66%) higher.It is about $44,800 (20%) lower in comparison to the United States as a whole, and it is roughly $9,400 (5%) higher compared to the city of Duluth.
Rents
Bayfield's median rent is $668 per month. Compared to its nearby areas it is about $80 (13%) higher.It is approximately $394 (37%) lower compared to the United States as a whole, and in comparison to the city of Duluth it is about $152 (18%) lower.
Nearby places
Washburn
Washburn is about 8 miles south from Bayfield. The real estate prices there are a bit less expensive. Washburn's median home price is $142,600, which works out to $30,100 (21%) lower than Bayfield. Its rents are pretty similar. Washburn's median rent is $658 a month, which is $10 (1%) lower than Bayfield.
Ashland
Ashland is approximately 14 miles south of Bayfield. Real estate prices there are a lot less expensive. Ashland's median home value is $107,700, which comes out to $65,000 (60%) lower than Bayfield. Rents there are fairly similar. In Ashland the median monthly rent is $669, which is very similar to Bayfield.
New Odanah
New Odanah is approximately 14 miles southeast of Bayfield. Its real estate prices are substantially less expensive. New Odanah's median home value is $58,800, which works out to $113,900 (193%) lower than Bayfield. Rents there are substantially less expensive. In New Odanah the median monthly rent is $332, which comes out to $336 (101%) lower than Bayfield.
Port Wing
Port Wing is approximately 22 miles west of Bayfield. Real estate prices there are significantly less expensive. The median home in Port Wing costs $125,000, which works out to $47,700 (38%) lower than Bayfield. Rent there is a lot less expensive. The median monthly rent in Port Wing is $363, which works out to $305 (84%) lower than Bayfield.
Mason
Mason is roughly 24 miles south from Bayfield. Housing prices there are significantly less expensive. The median home in Mason costs $84,000, which works out to $88,700 (105%) lower than Bayfield. Its rents are a little more expensive. Mason's median rent is $917 per month, which works out to $249 (27%) higher than Bayfield.
