Bangor, MN has a median housing value of $249,400, which is significantly lower than the US median house value of $338,100. Despite the difference in house values, Bangor has still seen an appreciation rate of 7.75% over the past year, slightly lower than the 8.27% national appreciation rate. Residents of Bangor are able to enjoy more affordable housing prices while still benefiting from an increase in property values.
The median home cost in Bangor is $249,400. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Bangor is up 13.6%.
Average Age of Homes
- The median age of Bangor real estate is 47 years old
The Rental Market in Bangor
- Renters make up 5.4% of the Bangor population
- 0.0% of houses and apartments in Bangor, 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.