Boon Lake, MN is a great place to live with its median house value being $395,900. This is slightly higher than the US House median value of $338,100. Although the one year house appreciation in Boon Lake, MN is 6.97%, which is lower than the US one year house appreciation rate of 8.27%, it still shows that living in Boon Lake, MN can be a valuable investment for potential homeowners.
The median home cost in Boon Lake is $395,900. Home appreciation the last 10 years has been 89.1%. Home Appreciation in Boon Lake is up 11.0%.
Average Age of Homes
- The median age of Boon Lake real estate is 44 years old
The Rental Market in Boon Lake
- Renters make up 5.1% of the Boon Lake population
- 0.0% of houses and apartments in Boon Lake, 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.