Elmdale, MN is a great place to live with its median housing value of $256,500. This is significantly lower than the US median housing value of $338,100, making it a more affordable area to purchase a home. In the past year, Elmdale has had a house appreciation rate of 7.75%, which is lower than the US average of 8.27%. This indicates that real estate in Elmdale has been growing steadily over the past year and may be a good investment option for those looking for an affordable place to buy a home.
The median home cost in Elmdale is $256,500. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Elmdale is up 13.6%.
Average Age of Homes
- The median age of Elmdale real estate is 68 years old
The Rental Market in Elmdale
- Renters make up 10.8% of the Elmdale population
- 0.0% of houses and apartments in Elmdale, 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.