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These days, finding an affordable place to live in the Caledonia area can be challenging. Home prices in Caledonia are now at a median cost of $249,612, lower than the North Dakota average of $273,535.
The average cost of rent is $671/mo in Caledonia, primarily driven by the current value of real estate in the Caledonia area. In Caledonia, 5.02% of households rent, and 50.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Caledonia is $9,060 per month. Households that rent pay about 7.40% of their income on rent here. Caledonia’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Shelly, MN: less expensive homes
- Taft, ND: equally priced homes
- Hillsboro, ND: less expensive homes
- Nielsville, MN: less expensive homes
- Halstad, MN: less expensive homes
- Cummings, ND: equally priced homes
- Kelso, ND: equally priced homes
- Buxton, ND: equally priced homes
- Climax, MN: less expensive homes
- Hendrum, MN: less expensive homes
Cities with Similar Populations
- Wonsevu, KS: less expensive homes
- Lyme Center, NH: higher priced homes
- West Pierrepont, NY: less expensive homes
- Ola, SD: higher priced homes
- Macdonaldton, PA: less expensive homes
- Mack Creek Village, VA: less expensive homes
- Malaga, NM: higher priced homes
- Gipsy, AL: equally priced homes
- Colmar, IL: less expensive homes
- Oley Furnace, PA: higher priced homes
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