The housing market in Birchwood Village, MN is thriving. The median value of homes in the area is $430,100, which is significantly higher than the US median house value of $338,100. Despite the high value of homes in Birchwood Village, the rate of appreciation for houses over the last year has been lower than the national average at 4.70%, compared to 8.27%. This indicates that while there are good investments to be made in Birchwood Village, it may not be as lucrative as other areas with higher appreciation rates.
The median home cost in Birchwood Village is $430,100. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Birchwood Village is up 9.2%.
Average Age of Homes
- The median age of Birchwood Village real estate is 47 years old
The Rental Market in Birchwood Village
- Renters make up 13.8% of the Birchwood Village population
- 0.0% of houses and apartments in Birchwood Village, 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.