Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Svea area can be challenging. Home prices in Svea are now at a median cost of $157,532, lower than the Minnesota average of $269,934.
The average cost of rent is $1,081/mo in Svea, primarily driven by the current value of real estate in the Svea area. While nearly 43.63% of residents own their homes outright in Svea, 13.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Svea is $6,067 per month. Households that rent pay about 17.82% of their income on rent here. Svea's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Blomkest, MN: equally priced homes
- Willmar, MN: equally priced homes
- Lake Lillian, MN: higher priced homes
- Roseland, MN: equally priced homes
- Raymond, MN: equally priced homes
- Kandiyohi, MN: higher priced homes
- Prinsburg, MN: equally priced homes
- Atwater, MN: higher priced homes
- Pennock, MN: higher priced homes
- Spicer, MN: higher priced homes
Cities with Similar Populations
- Gillett Corner, MA: higher priced homes
- Stockbridge, VT: higher priced homes
- Stevensburg, VA: higher priced homes
- Star, TX: higher priced homes
- Stallo, MS: less expensive homes
- Grenville, SD: higher priced homes
- Greenwood Springs, MS: less expensive homes
- Greenway, AR: less expensive homes
- Grayson, OK: less expensive homes
- Strickland, MS: less expensive homes
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