Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Litchfield area can be challenging. Home prices in Litchfield are now at a median cost of $175,536, lower than the Minnesota average of $269,934.
The average cost of rent is $783/mo in Litchfield, primarily driven by the current value of real estate in the Litchfield area. While nearly 41.39% of residents own their homes outright in Litchfield, 20.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Litchfield is $5,363 per month. Households that rent pay about 14.59% of their income on rent here. Litchfield's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Darwin, MN: higher priced homes
- Strout, MN: higher priced homes
- Manannah, MN: equally priced homes
- Greenleaf, MN: higher priced homes
- Grove City, MN: equally priced homes
- Dassel, MN: higher priced homes
- Kingston, MN: higher priced homes
- Jennie, MN: higher priced homes
- Cedar Mills, MN: higher priced homes
- Atwater, MN: equally priced homes
Cities with Similar Populations
- Sisters, OR: higher priced homes
- Imlay City, MI: equally priced homes
- Independence, IA: less expensive homes
- Indian Head, MD: higher priced homes
- Island Park, NY: higher priced homes
- Shipshewana, IN: higher priced homes
- Shirley, MA: higher priced homes
- Silverthorne, CO: higher priced homes
- Silvis, IL: equally priced homes
- Sinton, TX: less expensive homes
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