The housing market in Langhei, MN is booming, with a median house value of $425,100 compared to the US median of $338,100. Furthermore, the US 1 year house appreciation rate is 8.27%, while in Langhei it is an impressive 11.44%. This suggests that property values are increasing rapidly and that now is a great time to invest in real estate in the area. With demand for housing steadily rising, the potential for returns on investment could be high.
The median home cost in Langhei is $425,100. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Langhei is up 12.9%.
Average Age of Homes
- The median age of Langhei real estate is 59 years old
The Rental Market in Langhei
- Renters make up 31.6% of the Langhei population
- 0.0% of houses and apartments in Langhei, 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.