Lone Tree, MN has a median housing value of $282,600 which is far below the US median house value of $338,100. However, Lone Tree's housing appreciation rate over the past year was 13.39%, nearly 5% higher than the US average. This suggests that despite having lower median home values, Lone Tree is seeing rapid growth in its real estate market. This could be due to a number of factors such as an influx of new residents or a greater demand for homes in the area. Regardless, it is clear that Lone Tree has become an attractive place for people looking to purchase or invest in real estate.
The median home cost in Lone Tree is $282,600. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Lone Tree is up 12.6%.
Average Age of Homes
- The median age of Lone Tree real estate is 49 years old
The Rental Market in Lone Tree
- Renters make up 16.7% of the Lone Tree population
- 0.0% of houses and apartments in Lone Tree, 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.