Housing in Blaine, MN is a great investment as the median value currently stands at $326,400 which is slightly lower than the US House Median Value of $338,100. However, over the past year, the appreciation rate of 4.92% is still significantly higher than the US 1 year House Appreciation of 8.27%. This means that even though Blaine's housing values may be a bit lower then the national average, it is still seeing greater gains in value than other parts of the country. All in all, investing in housing in Blaine, MN is a great option for anyone looking to invest for their future.
The median home cost in Blaine is $326,400. Home appreciation the last 10 years has been 89.4%. Home Appreciation in Blaine is up 7.5%.
Average Age of Homes
- The median age of Blaine real estate is 26 years old
The Rental Market in Blaine
- Renters make up 13.2% of the Blaine population
- 0.5% of houses and apartments in Blaine, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.