The housing market in Hammer, MN is thriving. The median value of houses in Hammer is currently $156,000, which is significantly lower than the US House median value of $338,100. Despite this difference, the house appreciation rate in Hammer over the past year was 13.39%, much higher than the US 1 year House Appreciation rate of 8.27%. This makes now a great time to buy or sell a home in Hammer and indicates that it is an attractive market for potential homeowners and investors alike.
The median home cost in Hammer is $156,000. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Hammer is up 12.6%.
Average Age of Homes
- The median age of Hammer real estate is 64 years old
The Rental Market in Hammer
- Renters make up 2.6% of the Hammer population
- 0.0% of houses and apartments in Hammer, 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.