Edison, MN is a great place for housing. The median value of houses in the area currently stands at $191,900, significantly lower than the US house median value of $338,100. While the US average rate of home appreciation over one year has been 8.27%, Edison has seen an even greater appreciation rate of 13.39%. This shows that investing in housing in Edison is an attractive and profitable option and can give homeowners good returns on their investments.
The median home cost in Edison is $191,900. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Edison is up 12.6%.
Average Age of Homes
- The median age of Edison real estate is 71 years old
The Rental Market in Edison
- Renters make up 6.8% of the Edison population
- 0.0% of houses and apartments in Edison, 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.