New Folden, MN is an attractive place to live due to its relatively low housing median value of $226,200. This value is significantly lower than the US House Median Value of $338,100. Even with this lower median value, the area still experienced a 1 year house appreciation rate of 9.54%, which is higher than the US average of 8.27%. With this strong appreciation rate and lower median home value, New Folden is an attractive place for those looking to invest in property or buy a new home.
The median home cost in New Folden is $226,200. Home appreciation the last 10 years has been 74.6%. Home Appreciation in New Folden is up 14.7%.
Average Age of Homes
- The median age of New Folden real estate is 35 years old
The Rental Market in New Folden
- Renters make up 2.3% of the New Folden population
- 0.0% of houses and apartments in New Folden, 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.