Alba, MN has an impressive median housing value of $248,100, which is significantly lower than the US median house value of $338,100. Despite the lower median value, Alba has experienced a higher appreciation rate over the past year at 9.54%, compared to 8.27% for US houses. This indicates that Alba may be a good place to invest in housing due to its potential for long-term appreciation. With its attractive housing values and higher appreciation rate, Alba appears to be an ideal location for those looking for a stable investment in real estate.
The median home cost in Alba is $248,100. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Alba is up 14.7%.
Average Age of Homes
- The median age of Alba real estate is 78 years old
The Rental Market in Alba
- Renters make up 12.5% of the Alba population
- 0.0% of houses and apartments in Alba, 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.