Grand Forks, MN is a great place to be when it comes to housing. The median value of homes in this city is $317,700, which is slightly lower than the US house median value of $338,100. However, what makes Grand Forks stand out is the fact that its one year house appreciation rate of 9.54% is higher than the US rate of 8.27%. This means that the value of your home can increase faster in Grand Forks compared to other areas in the US. Therefore if you are looking for a place to settle down and invest in real estate, Grand Forks will be an excellent option for you.
The median home cost in Grand Forks is $317,700. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Grand Forks is up 14.7%.
Average Age of Homes
- The median age of Grand Forks real estate is 45 years old
The Rental Market in Grand Forks
- Renters make up 10.4% of the Grand Forks population
- 0.0% of houses and apartments in Grand Forks, 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.