Goodridge township in Minnesota is known for its affordability and stability when it comes to the housing market. The median value of homes in the area is $163,200, which at first glance may seem relatively low compared to the national median value of $338,100. However, the one year home appreciation rate for Goodridge Township was 9.54%, higher than the US appreciation rate of 8.27%. This proves that despite a lower median home value than average, Goodridge township is a good place to invest in real estate; while it may not appreciate as quickly as some other areas, it remains stable and is a solid investment opportunity.
The median home cost in Goodridge township is $163,200. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Goodridge township is up 14.7%.
Average Age of Homes
- The median age of Goodridge township real estate is 32 years old
The Rental Market in Goodridge township
- Renters make up 8.7% of the Goodridge township population
- 0.0% of houses and apartments in Goodridge township, 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.