Normanna, MN is an area with a very high median value for housing. The median value for housing in Normanna is $428,300, which is significantly higher than the US House median value of $338,100. In addition to this already higher median value for housing in Normanna, there has also been a 10.54% increase in home values over the past year compared to the US House 1 year appreciation rate of 8.27%. This indicates that housing in Normanna continues to be an attractive market and it looks likely that home values will continue to appreciate in this area.
The median home cost in Normanna is $428,300. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Normanna is up 14.7%.
Average Age of Homes
- The median age of Normanna real estate is 31 years old
The Rental Market in Normanna
- Renters make up 1.7% of the Normanna population
- 0.0% of houses and apartments in Normanna, 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.