The housing market in Bigelow, MN is an attractive one for potential buyers. The median value for houses in Bigelow is $97,800, which is significantly lower than the US median of $338,100. Additionally, the house appreciation rate for the past year in Bigelow was 9.54%, higher than the 8.27% appreciation rate for national homes over the same period. This shows that housing prices in Bigelow have been increasing at a slightly faster pace than the rest of the country. With these factors taken into account, those looking to purchase a home may find good value and good opportunities to invest in this area.
The median home cost in Bigelow is $97,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Bigelow is up 14.7%.
Average Age of Homes
- The median age of Bigelow real estate is 70 years old
The Rental Market in Bigelow
- Renters make up 23.3% of the Bigelow population
- 0.0% of houses and apartments in Bigelow, 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.