Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Northwood area can be challenging. Home prices in Northwood are now at a median cost of $146,278, lower than the Iowa average of $182,666.
The average cost of rent is $664/mo in Northwood, primarily driven by the current value of real estate in the Northwood area. While nearly 40.67% of residents own their homes outright in Northwood, 16.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in Northwood is $6,061 per month. Households that rent pay about 10.95% of their income on rent here. Northwood's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Kensett, IA: less expensive homes
- Silver Lake, IA: equally priced homes
- Glenville, MN: equally priced homes
- Myrtle, MN: higher priced homes
- London, MN: higher priced homes
- Carpenter, IA: higher priced homes
- Manly, IA: less expensive homes
- Grafton, IA: less expensive homes
- Joice, IA: equally priced homes
- Hanlontown, IA: less expensive homes
Cities with Similar Populations
- East Lansdowne, PA: higher priced homes
- Patrick, SC: less expensive homes
- Pine River, MN: higher priced homes
- Bangs, TX: less expensive homes
- Godwin, NC: less expensive homes
- Galva, IL: less expensive homes
- Doyline, LA: less expensive homes
- Counce, TN: less expensive homes
- Cordes Lakes, AZ: less expensive homes
- Coolville, OH: less expensive homes
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