Housing in Minnesota Falls, MN is a great investment for prospective home buyers. The median value of houses in the area is $170,000, which is significantly lower than the US median value of $338,100. Furthermore, the 1 year appreciation rate in Minnesota Falls is 13.39%, which is higher than the US rate of 8.27%. This makes buying a house in Minnesota Falls a financially sound decision that can provide long-term returns on investment.
The median home cost in Minnesota Falls is $170,000. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Minnesota Falls is up 12.6%.
Average Age of Homes
- The median age of Minnesota Falls real estate is 37 years old
The Rental Market in Minnesota Falls
- Renters make up 8.0% of the Minnesota Falls population
- 0.0% of houses and apartments in Minnesota Falls, 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.