The housing market in Deer Park, MN is booming with the median value of homes being $233,000. This is significantly lower than the US House Median Value of $338,100, but it has experienced an impressive 11.47% appreciation over the past year. This rate is higher than the national average of 8.27%, indicating that this area is a great place to invest in residential real estate.
The median home cost in Deer Park is $233,000. Home appreciation the last 10 years has been 72.5%. Home Appreciation in Deer Park is up 16.4%.
Average Age of Homes
- The median age of Deer Park real estate is 40 years old
The Rental Market in Deer Park
- Renters make up 6.9% of the Deer Park population
- 0.0% of houses and apartments in Deer Park, 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.