Dewey, MN is a great area for prospective home buyers. The housing median value in Dewey stands at $161,600, which is considerably lower than the US housing median value of $338,100. Despite the lower housing prices in Dewey, the area has seen above average 1 year house appreciation with an increase of 9.54%, compared to the US 1 year house appreciation of 8.27%. This makes Dewey an attractive option for buyers looking to invest in a new home.
The median home cost in Dewey is $161,600. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Dewey is up 14.7%.
Average Age of Homes
- The median age of Dewey real estate is 48 years old
The Rental Market in Dewey
- Renters make up 16.3% of the Dewey population
- 0.0% of houses and apartments in Dewey, 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.