Cerro Gordo, MN is known for its beautiful housing market and affordability. The median value of a house in Cerro Gordo is $205,800 compared to the US average of $338,100. In the last year, house prices have appreciated by 13.39% in Cerro Gordo, which is higher than the national average of 8.27%. This makes buying a home in Cerro Gordo an attractive option for those looking to invest in real estate and take advantage of a growing housing market.
The median home cost in Cerro Gordo is $205,800. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Cerro Gordo is up 12.6%.
Average Age of Homes
- The median age of Cerro Gordo real estate is 63 years old
The Rental Market in Cerro Gordo
- Renters make up 2.2% of the Cerro Gordo population
- 0.0% of houses and apartments in Cerro Gordo, 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.