Alvwood, MN is a great place to buy a house. The median value of homes in Alvwood is currently $244,300, which is much lower than the US median value of $338,100. This makes it an attractive option for those looking to purchase a home. Additionally, the one-year house appreciation rate in Alvwood is 15.27%, which is higher than the US’s one-year appreciation rate of 8.27%. This indicates that buying a home in Alvwood could be a wise investment due to its growing value over time. With its lower current median value and greater appreciation rate, Alvwood could be an excellent option for those looking to buy a home.
The median home cost in Alvwood is $244,300. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Alvwood is up 19.7%.
Average Age of Homes
- The median age of Alvwood real estate is 62 years old
The Rental Market in Alvwood
- Renters make up 1.6% of the Alvwood population
- 0.0% of houses and apartments in Alvwood, 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.