New Germany, MN is a small town located in the heart of Minnesota, and it is known for its charming atmosphere and friendly people. The housing market in New Germany is quite strong, with the median value sitting at $362,900. This is slightly higher than the US House Median Value of $338,100. In terms of year-over-year appreciation, the US House Appreciation rate was 8.27%, while New Germany saw a 6.82% increase in house values over the same period. This shows that New Germany's housing market has kept up with the national trend and remains a great place to invest in real estate.
The median home cost in New Germany is $362,900. Home appreciation the last 10 years has been 89.8%. Home Appreciation in New Germany is up 11.0%.
Average Age of Homes
- The median age of New Germany real estate is 56 years old
The Rental Market in New Germany
- Renters make up 20.7% of the New Germany population
- 0.0% of houses and apartments in New Germany, 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.