Housing in Ortonville, MN is very affordable compared to the US median value. The median value of a house in Ortonville is $153,700, which is less than half of the US median value of $338,100. Furthermore, Ortonville has seen a higher appreciation rate than the US average over the past year, with a 13.39% increase compared to 8.27%. Overall, compared to other areas across the United States, housing in Ortonville offers great value for money and looks to be an appreciating asset in the years to come.
The median home cost in Ortonville is $153,700. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Ortonville is up 12.6%.
Average Age of Homes
- The median age of Ortonville real estate is 60 years old
The Rental Market in Ortonville
- Renters make up 26.6% of the Ortonville population
- 2.1% of houses and apartments in Ortonville, 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.