The housing in New Munich, MN is quite affordable compared to the US median value. Currently, the median housing value in New Munich is $156,200, which is significantly lower than the US median of $338,100. Although the one-year appreciation for houses in New Munich is 7.75%, slightly lower than the national average of 8.27%, it still shows a positive trend that makes it an attractive market for both buyers and sellers alike.
The median home cost in New Munich is $156,200. Home appreciation the last 10 years has been 77.8%. Home Appreciation in New Munich is up 13.6%.
Average Age of Homes
- The median age of New Munich real estate is 59 years old
The Rental Market in New Munich
- Renters make up 15.3% of the New Munich population
- 0.0% of houses and apartments in New Munich, 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.