The housing market in Grand Prairie, MN is healthy and growing. The median value of homes in Grand Prairie is currently $299,400, which is lower than the national median value of $338,100. However, the one-year house appreciation rate in Grand Prairie is 9.54%, higher than the US national rate of 8.27%. This indicates that the housing market in Grand Prairie is steadily increasing in value and offers a great investment opportunity for potential buyers.
The median home cost in Grand Prairie is $299,400. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Grand Prairie is up 14.7%.
Average Age of Homes
- The median age of Grand Prairie real estate is 78 years old
The Rental Market in Grand Prairie
- Renters make up 10.6% of the Grand Prairie population
- 0.0% of houses and apartments in Grand Prairie, 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.