The housing market in French Lake, MN is doing very well compared to the US average. The median value of homes in French Lake, MN is $424,200 which is significantly higher than the US median value of $338,100. The appreciation rate for houses in French Lake, MN is also higher than the national average with a one year appreciation of 6.82% compared to 8.27% nationally. This indicates that the housing market in French Lake, MN is healthy and continuing to increase in value over time.
The median home cost in French Lake is $424,200. Home appreciation the last 10 years has been 89.8%. Home Appreciation in French Lake is up 11.0%.
Average Age of Homes
- The median age of French Lake real estate is 38 years old
The Rental Market in French Lake
- Renters make up 6.5% of the French Lake population
- 0.0% of houses and apartments in French Lake, 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.