Housing in Lessor, MN is quite desirable and has been increasing in value over the past year. The median housing value in Lessor is $303,500, which is lower than the US House Median Value of $338,100. Although the US House Appreciation rate was 8.27%, the housing appreciation rate for Lessor was slightly lower at 8.21%. This shows that the housing market in Lessor is still growing despite being slightly lower than the national average.
The median home cost in Lessor is $303,500. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Lessor is up 13.6%.
Average Age of Homes
- The median age of Lessor real estate is 73 years old
The Rental Market in Lessor
- Renters make up 12.8% of the Lessor population
- 0.0% of houses and apartments in Lessor, 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.