The housing market in Barnum, MN is thriving. The median value of homes in the area is $225,800, which is lower than the national median of $338,100. Despite this difference, homes in Barnum are appreciating faster than the national average with a one year appreciation rate of 13.08%, significantly higher than the 8.27% average across the United States. This indicates that the housing market in Barnum, MN is growing quickly and could be a great investment for potential homeowners.
The median home cost in Barnum is $225,800. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Barnum is up 13.2%.
Average Age of Homes
- The median age of Barnum real estate is 43 years old
The Rental Market in Barnum
- Renters make up 39.0% of the Barnum population
- 2.9% of houses and apartments in Barnum, 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.