The housing in Braham, MN is relatively affordable compared to the US average. The median value of a house in Braham is $238,100 which is significantly lower than the US median house price of $338,100. Although the appreciation rate for houses nationwide has been 8.27%, homes in Braham have only increased by 6.66% over the past year. This shows that while housing prices are increasing overall, it's not at the same rate as many other parts of the country.
The median home cost in Braham is $238,100. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Braham is up 12.2%.
Average Age of Homes
- The median age of Braham real estate is 39 years old
The Rental Market in Braham
- Renters make up 32.1% of the Braham population
- 0.4% of houses and apartments in Braham, 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.