The housing market in Belfast, MN is currently thriving. The median value of a house in Belfast is $199,500, which is significantly lower than the US house median value of $338,100. However, the one year house appreciation rate for the area is 9.54%, which is higher than the national average of 8.27%. This suggests that the housing market in Belfast has been performing well and is expected to continue to grow and appreciate in value over time.
The median home cost in Belfast is $199,500. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Belfast is up 14.7%.
Average Age of Homes
- The median age of Belfast real estate is 69 years old
The Rental Market in Belfast
- Renters make up 8.0% of the Belfast population
- 0.0% of houses and apartments in Belfast, 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.