Northome, MN is known for its affordable housing. The median value of homes in Northome is $169,100, which is substantially less than the US median value of $338,100. In the last year alone, homes in Northome have appreciated by 15.27%, while the US housing market has only seen an 8.27% appreciation rate. This makes Northome a great choice for buyers looking to get good value for their money and take advantage of strong appreciation rates.
The median home cost in Northome is $169,100. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Northome is up 19.7%.
Average Age of Homes
- The median age of Northome real estate is 46 years old
The Rental Market in Northome
- Renters make up 12.8% of the Northome population
- 2.4% of houses and apartments in Northome, 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.