Credit River, MN is a desirable location for homeowners, as evidenced by its median housing value of $591,000. This value is much higher than the US housing median value of $338,100. Despite this high median value, Credit River's 1 year house appreciation rate of 6.79% is more modest than the US average of 8.27%. This makes Credit River an attractive option for potential buyers who are looking to invest in a property that won't skyrocket in price too quickly.
The median home cost in Credit River is $591,000. Home appreciation the last 10 years has been 90.5%. Home Appreciation in Credit River is up 11.2%.
Average Age of Homes
- The median age of Credit River real estate is 26 years old
The Rental Market in Credit River
- Renters make up 3.6% of the Credit River population
- 0.0% of houses and apartments in Credit River, 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.