Elmore, MN has a housing median value of $57,100, which is significantly lower than the US house median value of $338,100. In the last year alone, Elmore's house appreciation rate has gone up by 11.33%, while the US' house appreciation rate was only 8.27%. This indicates that Elmore is becoming an attractive option for those looking for affordable housing options in a growing market. With its low housing prices and steadily increasing rates of appreciation, Elmore could be an ideal place for those looking to invest in real estate.
The median home cost in Elmore is $57,100. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Elmore is up 11.6%.
Average Age of Homes
- The median age of Elmore real estate is 66 years old
The Rental Market in Elmore
- Renters make up 16.6% of the Elmore population
- 0.0% of houses and apartments in Elmore, 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.