Diamond Lake, MN is a great place to live due to its affordable housing. The median value of housing in Diamond Lake is $163,800, significantly lower than the US median house value of $338,100. Furthermore, while the US experienced an appreciation rate of 8.27% in housing prices over the past year, Diamond Lake saw an even higher appreciation rate of 9.54%. This makes it a prime location for those looking to purchase a home and enjoy positive returns on their investment.
The median home cost in Diamond Lake is $163,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Diamond Lake is up 14.7%.
Average Age of Homes
- The median age of Diamond Lake real estate is 43 years old
The Rental Market in Diamond Lake
- Renters make up 6.1% of the Diamond Lake population
- 0.0% of houses and apartments in Diamond Lake, 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.