The housing market in Albin, MN is thriving with the median value of houses being $240,500. This is significantly lower than the US House Median Value of $338,100, however, this may be due to the higher one year house appreciation rate of 11.33% in Albin when compared to the US average of 8.27%. Clearly, buying a house in Albin right now would be a great investment as it would likely appreciate in value quickly.
The median home cost in Albin is $240,500. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Albin is up 11.6%.
Average Age of Homes
- The median age of Albin real estate is 75 years old
The Rental Market in Albin
- Renters make up 7.0% of the Albin population
- 0.0% of houses and apartments in Albin, 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.