Lake Benton, MN is a great place to live as it has a median home value of $147,900 which is significantly lower than the US median home value of $338,100. In the last year, there has been an appreciation of 9.54% in housing prices in Lake Benton, which is higher than the US average of 8.27%. This makes it an attractive option for those looking for affordable housing options in Minnesota.
The median home cost in Lake Benton is $147,900. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Lake Benton is up 14.7%.
Average Age of Homes
- The median age of Lake Benton real estate is 60 years old
The Rental Market in Lake Benton
- Renters make up 22.5% of the Lake Benton population
- 2.9% of houses and apartments in Lake Benton, 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.