Delano, Minnesota has a median house value of $388,600, which is significantly higher than the US house median value of $338,100. Despite the higher cost of housing in Delano, the rate of appreciation over the past year has been 6.82%, slightly lower than the US average of 8.27%. This indicates that housing in Delano remains relatively affordable and is steadily increasing in value.
The median home cost in Delano is $388,600. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Delano is up 11.0%.
Average Age of Homes
- The median age of Delano real estate is 22 years old
The Rental Market in Delano
- Renters make up 17.5% of the Delano population
- 0.0% of houses and apartments in Delano, 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.