The housing market in Concord, MN is doing well with the median value currently at $277,900. This is significantly lower than the US House Median Value of $338,100. Although the 1 year house appreciation rate for the nation is 8.27%, Concord has a slightly lower rate of 6.78%. This suggests that the city is experiencing a slower rate of growth than other parts of the country. Despite this, homes in Concord remain attractive investments and likely to continue appreciating in value over time.
The median home cost in Concord is $277,900. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Concord is up 11.4%.
Average Age of Homes
- The median age of Concord real estate is 72 years old
The Rental Market in Concord
- Renters make up 13.4% of the Concord population
- 0.0% of houses and apartments in Concord, 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.