Bloomfield, MN is a great place to call home with its median housing value at $269,100. While this is significantly lower than the US median house value of $338,100, Bloomfield has seen an appreciation rate of 6.78% in the past year compared to the US average of 8.27%. This indicates that it is still a desirable location for those looking to buy a home. The relatively low housing costs coupled with its potential for growth make Bloomfield an ideal destination for those in search of a home.
The median home cost in Bloomfield is $269,100. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Bloomfield is up 11.4%.
Average Age of Homes
- The median age of Bloomfield real estate is 70 years old
The Rental Market in Bloomfield
- Renters make up 7.3% of the Bloomfield population
- 0.0% of houses and apartments in Bloomfield, 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.