Motley, MN has a median house value of $227,800, which is significantly lower than the US median house value of $338,100. Despite the lower price for homes in Motley, the area has seen strong appreciation over the past year with an increase of 12.38%, compared to the national average of 8.27%. This strong appreciation could be due to many factors such as a recent influx of people or businesses moving to the area or general economic growth. Regardless of what is driving this trend, it is clear that Motley offers great potential to those looking to invest in their housing market.
The median home cost in Motley is $227,800. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Motley is up 20.4%.
Average Age of Homes
- The median age of Motley real estate is 38 years old
The Rental Market in Motley
- Renters make up 37.9% of the Motley population
- 5.9% of houses and apartments in Motley, 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.