Great Bend, MN is a great place to invest in housing. The median value of houses in Great Bend is currently $283,100, which is significantly lower than the national median value of $338,100. In addition, the appreciation rate of homes in Great Bend over the past year has been 9.54%, which is higher than the US average of 8.27%. This shows that investing in housing in Great Bend could provide a good return on investment over time.
The median home cost in Great Bend is $283,100. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Great Bend is up 14.7%.
Average Age of Homes
- The median age of Great Bend real estate is 73 years old
The Rental Market in Great Bend
- Renters make up 3.9% of the Great Bend population
- 0.0% of houses and apartments in Great Bend, 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.