Mission, MN is an affluent suburb of the Twin Cities and its housing market reflects this fact. The median value of a home in Mission, MN is $427,900, which is significantly higher than the median value of a home in the US at $338,100. In addition, over the course of the last year homes in Mission have appreciated at a rate of 12.38%, which is significantly higher than the appreciation rate for homes across the US at 8.27%. This demonstrates that Mission has been able to maintain its high housing values despite market conditions and highlights why it continues to be an attractive place to live for those looking to purchase a home.
The median home cost in Mission is $427,900. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Mission is up 20.4%.
Average Age of Homes
- The median age of Mission real estate is 38 years old
The Rental Market in Mission
- Renters make up 4.4% of the Mission population
- 0.0% of houses and apartments in Mission, 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.