The housing market in Peace, MN is quite healthy, with the median value for a house being $244,800. That value is slightly lower than the US median value of $338,100. The 1 year appreciation rate for houses in Peace is 6.66%, which is significantly lower than the US appreciation rate of 8.27%. This suggests that buyers can likely find good deals on houses in Peace when compared to other locations across the country.
The median home cost in Peace is $244,800. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Peace is up 12.2%.
Average Age of Homes
- The median age of Peace real estate is 31 years old
The Rental Market in Peace
- Renters make up 7.1% of the Peace population
- 0.0% of houses and apartments in Peace, 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.