Housing in Caledonia, MN is relatively cheaper when compared to the rest of the United States. The median value of homes in Caledonia is $214,800 compared to the US median value of $338,100. Despite this difference in prices, properties in Caledonia have still appreciated by 6.78% in the last year which is slightly lower than the nation average appreciation rate of 8.27%. This appreciation rate shows that real estate investments in Caledonia can still be lucrative and a good option for people looking for an affordable property with potential for growth.
The median home cost in Caledonia is $214,800. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Caledonia is up 11.4%.
Average Age of Homes
- The median age of Caledonia real estate is 58 years old
The Rental Market in Caledonia
- Renters make up 21.7% of the Caledonia population
- 0.0% of houses and apartments in Caledonia, 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.