McGrath, MN has a median value of housing at $158,800, which is significantly lower than the US median value of housing at $338,100. The US experienced a one year house appreciation rate of 8.27%, while McGrath, MN was slightly lower at 7.75%. This indicates that the housing market in McGrath is growing but not as fast as the national average. Overall, housing in McGrath is relatively affordable and may be attractive to potential homebuyers looking for a cheaper option compared to other areas in the country.
The median home cost in McGrath is $158,800. Home appreciation the last 10 years has been 77.8%. Home Appreciation in McGrath is up 13.6%.
Average Age of Homes
- The median age of McGrath real estate is 69 years old
The Rental Market in McGrath
- Renters make up 4.3% of the McGrath population
- 0.0% of houses and apartments in McGrath, 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.