Home prices
The median home in Washburn is valued at $142,600. In comparison to its surrounding areas this is approximately $32,960 (30%) higher.It is roughly $74,900 (34%) lower in comparison to the rest of the nation, and compared to the city of Duluth it is approximately $20,700 (12%) lower.
Rents
Washburn's median monthly rent is $658. In comparison to its surrounding areas this is about $68 (11%) higher.Compared to the entire nation it is about $404 (38%) lower, and in comparison to the city of Duluth is roughly $162 (19%) lower.
Nearby places
Ashland
Ashland is about 6 miles south of Washburn. The housing prices there are substantially less expensive. The median home cost in Ashland is $107,700, which works out to $34,900 (32%) lower than Washburn. Rent there is pretty similar. The median monthly rent in Ashland is $669, which comes out to $11 (1%) higher than Washburn.
Bayfield
Bayfield is roughly 8 miles north from Washburn. Its real estate prices are a little more expensive. The median home cost in Bayfield is $172,700, which is $30,100 (17%) higher than Washburn. Rent there is similar. In Bayfield the median rent is $668 a month, which is $10 (1%) higher than Washburn.
New Odanah
New Odanah is approximately 10 miles southeast from Washburn. Housing prices there are a lot less expensive. New Odanah's median home cost is $58,800, which is $83,800 (142%) lower than Washburn. Rents there are substantially less expensive. New Odanah's median monthly rent is $332, which works out to $326 (98%) lower than Washburn.
Mason
Mason is roughly 16 miles southwest from Washburn. Real estate prices there are substantially less expensive. The median home in Mason is valued at $84,000, which comes out to $58,600 (69%) lower than Washburn. The rent there is somewhat more expensive. The median monthly rent in Mason is $917, which works out to $259 (28%) higher than Washburn.
Port Wing
Port Wing is about 20 miles west from Washburn. The housing prices there are somewhat less expensive. The median home in Port Wing costs $125,000, which comes out to $17,600 (14%) lower than Washburn. Rents there are a lot less expensive. In Port Wing the median monthly rent is $363, which is $295 (81%) lower than Washburn.