Lake Jessie, MN is a great place to live for those looking for an affordable housing market. The median value of housing in Lake Jessie is $205,900, which is much lower than the national median value of $338,100. Furthermore, the appreciation rate of houses in Lake Jessie has been significantly higher than that of the national average; over the past year it has increased by 15.27% compared to 8.27% nationally. This makes Lake Jessie a great place for home buyers and investors alike as they can get great value on their investments in this area.
The median home cost in Lake Jessie is $205,900. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Lake Jessie is up 19.7%.
Average Age of Homes
- The median age of Lake Jessie real estate is 38 years old
The Rental Market in Lake Jessie
- Renters make up 4.1% of the Lake Jessie population
- 0.0% of houses and apartments in Lake Jessie, 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.