Lutsen township, MN is an ideal place to live for those looking to own a home. The median value of housing in the area is $376,300, which is higher than the US median value of $338,100. Additionally, the 1 year house appreciation rate in Lutsen township is 12.16%, which is higher than the US average of 8.27%. This makes it a great time to consider investing in property in Lutsen township as you can expect to benefit from both increased property values and equity.
The median home cost in Lutsen township is $376,300. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Lutsen township is up 13.9%.
Average Age of Homes
- The median age of Lutsen township real estate is 29 years old
The Rental Market in Lutsen township
- Renters make up 17.7% of the Lutsen township population
- 0.0% of houses and apartments in Lutsen township, 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.