Beaver Bay, MN is a small town located in the Midwest with a median housing value of $214,100. This is much lower than the US median house value of $338,100 and shows that Beaver Bay offers more affordable housing options. In the last year, the house appreciation rate for Beaver Bay was 12.16%, which is higher than the US 1 year house appreciation rate of 8.27%. This makes Beaver Bay an attractive option for those looking to purchase or invest in real estate as they can expect to see a healthy return on their investment.
The median home cost in Beaver Bay is $214,100. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Beaver Bay is up 13.9%.
Average Age of Homes
- The median age of Beaver Bay real estate is 53 years old
The Rental Market in Beaver Bay
- Renters make up 5.6% of the Beaver Bay population
- 5.8% of houses and apartments in Beaver Bay, 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.