The housing in Cloquet, MN is looking great with the median value of homes at $194,600. This is much lower than the US House Median Value of $338,100. Additionally, the US has had a 1 year appreciation rate of 8.27%, while Cloquet, MN has seen a 13.08% appreciation rate in that same year. This indicates that investing in Cloquet is an attractive and worthwhile option for many people. With such a vibrant and growing real estate market, this area is definitely worth looking into for potential homeowners and investors alike.
The median home cost in Cloquet is $194,600. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Cloquet is up 13.2%.
Average Age of Homes
- The median age of Cloquet real estate is 58 years old
The Rental Market in Cloquet
- Renters make up 29.0% of the Cloquet population
- 0.6% of houses and apartments in Cloquet, 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.