New Prairie, MN is a beautiful and vibrant city with a desirable housing market. According to the median value of homes in New Prairie, the current median value is $358,700. This is slightly higher than the US house median value which stands at $338,100. In terms of appreciation, the US has seen an 8.27% increase in home values over the past year while New Prairie has seen a 7.75% increase in home values over the same period. This shows that housing in New Prairie continues to be a great investment for those looking to purchase property here. With affordable prices and strong appreciation in home values, New Prairie is a fantastic place to invest in real estate and enjoy a high quality of life.
The median home cost in New Prairie is $358,700. Home appreciation the last 10 years has been 77.8%. Home Appreciation in New Prairie is up 13.6%.
Average Age of Homes
- The median age of New Prairie real estate is 69 years old
The Rental Market in New Prairie
- Renters make up 14.1% of the New Prairie population
- 0.0% of houses and apartments in New Prairie, 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.