Hills, MN is a great place for those looking to invest in housing. The median value of homes in the area is $214,600, which is much lower than the US median value of $338,100. Additionally, the one year appreciation rate of 9.54% is higher than the national average of 8.27%. This indicates that housing prices are increasing at a quicker rate and makes Hills an attractive market for potential homebuyers.
The median home cost in Hills is $214,600. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Hills is up 14.7%.
Average Age of Homes
- The median age of Hills real estate is 51 years old
The Rental Market in Hills
- Renters make up 24.4% of the Hills population
- 3.7% of houses and apartments in Hills, 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.