The housing markets in Orion, MN are extremely lucrative and experienced a 6.78% appreciation rate over the last year. The median value of homes in Orion is quite high at $522,000, which is nearly double the US House Median Value of $338,100. This shows that the Orion housing market is outperforming the national trends with its steady appreciation rate and high median values.
The median home cost in Orion is $522,000. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Orion is up 11.4%.
Average Age of Homes
- The median age of Orion real estate is 37 years old
The Rental Market in Orion
- Renters make up 17.2% of the Orion population
- 2.2% of houses and apartments in Orion, 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.