Norwood Young America, MN is a great place to live with its median house value being $310,500. This is slightly lower than the median US house value of $338,100, but Norwood Young America has still seen an appreciation in housing values of 6.82% over the past year. This is lower than the 8.27% appreciation seen across the US during the same period but still shows that Norwood Young America is a great place to invest in real estate.
The median home cost in Norwood Young America is $310,500. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Norwood Young America is up 11.0%.
Average Age of Homes
- The median age of Norwood Young America real estate is 40 years old
The Rental Market in Norwood Young America
- Renters make up 34.0% of the Norwood Young America population
- 0.6% of houses and apartments in Norwood Young America, 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.