Martin Lake, MN is a lovely area with a great housing market. The median value of homes in the area is $336,100, which is slightly lower than the US House Median Value of $338,100. While overall US house appreciation over the last year was 8.27%, it was slightly lower in Martin Lake at 6.66%. This could be an advantageous time for potential buyers to purchase a home in this area as prices are likely to go up in the near future.
The median home cost in Martin Lake is $336,100. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Martin Lake is up 12.2%.
Average Age of Homes
- The median age of Martin Lake real estate is 55 years old
The Rental Market in Martin Lake
- Renters make up 7.1% of the Martin Lake population
- 0.0% of houses and apartments in Martin Lake, 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.