The housing market in Claremont, MN is currently doing well. The median value of homes in Claremont is $257,500, which is substantially lower than the US median value of $338,100. Though this may seem like a disadvantage, it should be noted that the 1 year house appreciation rate for Claremont has been 6.78%, slightly lower than the US average of 8.27%. This suggests that the housing market in Claremont is still growing and may provide an opportunity for investors to capitalize on increasing home values.
The median home cost in Claremont is $257,500. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Claremont is up 11.4%.
Average Age of Homes
- The median age of Claremont real estate is 63 years old
The Rental Market in Claremont
- Renters make up 13.7% of the Claremont population
- 0.0% of houses and apartments in Claremont, 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.