Housing in Hibbing, MN is very affordable compared to the US median value of $338,100. The median home value in Hibbing is currently $136,800 and has seen a 13.08% increase in appreciation over the last year, which is higher than the overall US rate of 8.27%. This makes Hibbing an attractive option for those looking for an affordable place to live with a high potential for appreciation.
The median home cost in Hibbing is $136,800. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Hibbing is up 13.2%.
Average Age of Homes
- The median age of Hibbing real estate is 61 years old
The Rental Market in Hibbing
- Renters make up 27.0% of the Hibbing population
- 3.2% of houses and apartments in Hibbing, 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.