The housing market in Ford, MN is slightly behind the national housing market. The median value of a house in Ford, MN is $249,200 while the US House Median Value is $338,100. In terms of appreciation, the US 1 year House Appreciation is 8.27%, whereas House 1 year appreciation in Ford, MN is 7.36%. Although it is lagging behind the national rate of appreciation, this could be good news for potential buyers and sellers looking to buy or sell a home in Ford. Real estate prices are still relatively affordable compared to other parts of the country and there may be some good deals to be had.
The median home cost in Ford is $249,200. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Ford is up 13.1%.
Average Age of Homes
- The median age of Ford real estate is 35 years old
The Rental Market in Ford
- Renters make up 3.7% of the Ford population
- 0.0% of houses and apartments in Ford, 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.