Echo, MN is a great place to buy a house. The median value of homes in Echo is $145,900, which is significantly lower than the national median value of $338,100. Over the past year, appreciation for housing in Echo has been an impressive 13.39%, while nationally it was 8.27%. This suggests that now is an ideal time to invest in housing in Echo as prices are likely to continue increasing with the strong rate of appreciation seen over the last year.
The median home cost in Echo is $145,900. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Echo is up 12.6%.
Average Age of Homes
- The median age of Echo real estate is 72 years old
The Rental Market in Echo
- Renters make up 17.8% of the Echo population
- 0.0% of houses and apartments in Echo, 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.