Sunfish Lake, MN is an affluent suburb located in the Twin Cities area. The median housing value in Sunfish Lake is much higher than the US median house value, sitting at $1,092,700. Despite this high value, the 1 year house appreciation rate for Sunfish Lake is lower than the US average of 8.27%, coming in at 4.86%. This suggests that although prices are still increasing slightly over a 1 year period, there may be less upside for potential homeowners in terms of resale value than other areas across the country.
The median home cost in Sunfish Lake is $1,092,700. Home appreciation the last 10 years has been 86.4%. Home Appreciation in Sunfish Lake is up 9.4%.
Average Age of Homes
- The median age of Sunfish Lake real estate is 37 years old
The Rental Market in Sunfish Lake
- Renters make up 4.2% of the Sunfish Lake population
- 1.0% of houses and apartments in Sunfish Lake, 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.