The housing market in East Side, MN is quite strong despite the current economic conditions. The median value of houses in this area is $324,100 which is slightly below the US median value of $338,100. Despite this disparity, the 1 year house appreciation in East Side, MN remains positive at 7.75%, just slightly lower than the US average of 8.27%. This indicates that homes in this area are holding their value and remaining a great investment for potential buyers.
The median home cost in East Side is $324,100. Home appreciation the last 10 years has been 77.8%. Home Appreciation in East Side is up 13.6%.
Average Age of Homes
- The median age of East Side real estate is 40 years old
The Rental Market in East Side
- Renters make up 2.9% of the East Side population
- 1.2% of houses and apartments in East Side, 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.