The housing in Homestead, MN is quite affordable compared to the US house median value. The median house value for Homestead, MN is $300,500 while the US house median value is $338,100. In addition, the US 1 year house appreciation rate is 8.27% and it's 8.21% in Homestead, MN. This means that the housing market in Homestead, MN has seen a steady appreciation over the last year and looks to remain fairly stable in the coming months. As such, potential homeowners looking for an affordable place to purchase a home should consider exploring their options in Homestead, MN.
The median home cost in Homestead is $300,500. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Homestead is up 13.6%.
Average Age of Homes
- The median age of Homestead real estate is 26 years old
The Rental Market in Homestead
- Renters make up 7.5% of the Homestead population
- 0.0% of houses and apartments in Homestead, 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.