The housing in Grove City, MN is an attractive option for potential buyers due to its relatively low median value of $194,800 which is significantly lower than the US house median value of $338,100. In addition, the one year house appreciation rate in Grove City is 13.39%, more than 5% higher than the US one year house appreciation rate of 8.27%. With these factors combined, it makes Grove City a great choice for someone looking for a new home at an affordable price and with good prospects for growth.
The median home cost in Grove City is $194,800. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Grove City is up 12.6%.
Average Age of Homes
- The median age of Grove City real estate is 56 years old
The Rental Market in Grove City
- Renters make up 27.2% of the Grove City population
- 0.0% of houses and apartments in Grove City, 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.