The housing market in Dellwood, MN is quite expensive with the median value coming in at $800,800. This is significantly higher than the US house median value of $338,100. However, the rate of appreciation for housing has been lower in Dellwood than throughout the rest of the US over the past year. While US houses have appreciated by 8.27%, Dellwood's housing market has only risen by 4.70%. As such, it may be difficult for individuals to invest and purchase property in this area without expecting a large return on their investment in a short amount of time.
The median home cost in Dellwood is $800,800. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Dellwood is up 9.2%.
Average Age of Homes
- The median age of Dellwood real estate is 39 years old
The Rental Market in Dellwood
- Renters make up 4.2% of the Dellwood population
- 0.0% of houses and apartments in Dellwood, 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.