The housing market in Enterprise, MN is going strong. The median value of homes in the area is $371,400, which is higher than the US house median value of $338,100. In addition to that, the 1 year house appreciation rate for Enterprise is 9.54%, which is higher than the US average appreciation rate of 8.27%. This indicates that investing in a home in Enterprise could be a great decision and offers homeowners an opportunity to build equity quickly.
The median home cost in Enterprise is $371,400. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Enterprise is up 14.7%.
Average Age of Homes
- The median age of Enterprise real estate is 75 years old
The Rental Market in Enterprise
- Renters make up 18.3% of the Enterprise population
- 0.0% of houses and apartments in Enterprise, 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.