The housing market in Maple Grove, MN is slightly lower than the national median value, with a median home being valued at $367,900. The appreciation of homes in Maple Grove has seen an average increase of 6.82%, which is slightly lower than the national rate of 8.27%. This is likely indicative of the more rural nature of Maple Grove compared to other cities across the United States. Despite this, Maple Grove remains a desirable place to live for many families and continues to hold its value reasonably well.
The median home cost in Maple Grove is $367,900. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Maple Grove is up 11.0%.
Average Age of Homes
- The median age of Maple Grove real estate is 27 years old
The Rental Market in Maple Grove
- Renters make up 14.5% of the Maple Grove population
- 0.7% of houses and apartments in Maple Grove, 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.