Cormorant, MN is home to an impressive housing market. The median value for a house in the city is $596,300, exceeding the US House Median Value of $338,100. On top of that, the US house appreciation rate is 8.27%, while Cormorant’s rate stands at 8.21% indicating strong growth in recent years. This makes it a great choice for those looking to invest in their futures and secure a valuable asset.
The median home cost in Cormorant is $596,300. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Cormorant is up 13.6%.
Average Age of Homes
- The median age of Cormorant real estate is 36 years old
The Rental Market in Cormorant
- Renters make up 1.7% of the Cormorant population
- 0.0% of houses and apartments in Cormorant, 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.