The housing in Breckenridge, MN is very affordable, with a median value of $173,800. This is much lower than the US median house value of $338,100. The 1 year house appreciation rate in Breckenridge is 8.21%, which is just slightly below the national average of 8.27%. This indicates that houses are gaining value in Breckenridge at a steady pace, making it an attractive option for potential home buyers.
The median home cost in Breckenridge is $173,800. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Breckenridge is up 13.6%.
Average Age of Homes
- The median age of Breckenridge real estate is 53 years old
The Rental Market in Breckenridge
- Renters make up 33.0% of the Breckenridge population
- 1.3% of houses and apartments in Breckenridge, 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.