Humboldt, MN is an attractive place to invest in real estate due to its affordable median housing value of $212,000. This is lower than the US median value of $338,100, making it a much more affordable option. Additionally, the appreciation rate for homes in Humboldt, MN over the last year was 9.54%, which is higher than the US appreciation rate of 8.27%. This makes investing in Humboldt, MN a very good decision because homeowners would be able to make money from their purchase as values increase.
The median home cost in Humboldt is $212,000. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Humboldt is up 14.7%.
Average Age of Homes
- The median age of Humboldt real estate is 64 years old
The Rental Market in Humboldt
- Renters make up 4.5% of the Humboldt population
- 0.0% of houses and apartments in Humboldt, 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.