The housing in Arago, MN is doing well, with a median home value of $395,500. This is well above the US median home value of $338,100 and the one year appreciation rate for homes in Arago is 12.38%, higher than the national average of 8.27%. This means that people who invest in homes here are likely to see an increase in their home's value over time. Clearly, Arago is a great place to look when looking for a new home or investment property.
The median home cost in Arago is $395,500. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Arago is up 20.4%.
Average Age of Homes
- The median age of Arago real estate is 33 years old
The Rental Market in Arago
- Renters make up 1.8% of the Arago population
- 0.0% of houses and apartments in Arago, 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.