Altona, MN is a great location for housing investment. The median value of all homes in the area is $222,000, which is much lower than the US median of $338,100. In addition, the 1-year house appreciation rate for Altona is 10.61%, significantly higher than the US average of 8.27%. This indicates that housing in Altona holds its value well and has seen rapid growth in recent years. Therefore, investing in Altona’s housing market is an attractive option for potential buyers and investors alike.
The median home cost in Altona is $222,000. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Altona is up 15.8%.
Average Age of Homes
- The median age of Altona real estate is 66 years old
The Rental Market in Altona
- Renters make up 5.4% of the Altona population
- 0.0% of houses and apartments in Altona, 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.