Canby, MN is a great place to live for those interested in housing options. The median value of houses in Canby is 152,800 which is much lower than the national median value of homes at 338,100. In the past year, there has been an 8.27% appreciation in house prices across the United States as a whole, while in Canby it was 13.39%, meaning that home values have risen more quickly here than elsewhere. This makes Canby a great place to invest in housing if you are looking for a good return on your investment over time.
The median home cost in Canby is $152,800. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Canby is up 12.6%.
Average Age of Homes
- The median age of Canby real estate is 62 years old
The Rental Market in Canby
- Renters make up 28.1% of the Canby population
- 4.8% of houses and apartments in Canby, 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.