Millwood, MN is a thriving town with a median housing value of $426,400. This is significantly higher than the US median house value of $338,100. The US has experienced an appreciation rate of 8.27%, while Millwood has seen an even higher 1 year house appreciation rate of 7.75%. This indicates strong real estate activity and a desirable place to live for many individuals and families. The high housing values make Millwood a great investment opportunity in the current market.
The median home cost in Millwood is $426,400. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Millwood is up 13.6%.
Average Age of Homes
- The median age of Millwood real estate is 39 years old
The Rental Market in Millwood
- Renters make up 4.1% of the Millwood population
- 0.0% of houses and apartments in Millwood, 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.