Pike, MN is an area with a housing market that continues to appreciate. The median value of homes in Pike sits at $202,500, which is significantly lower than the US median of $338,100. Despite this gap in value, the appreciation rate for homes over the last year was 13.08%, outpacing the national average of 8.27%. This strong growth rate suggests that Pike is a great option for potential buyers looking for an affordable home in a market that should continue to see robust growth over the next year.
The median home cost in Pike is $202,500. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Pike is up 13.2%.
Average Age of Homes
- The median age of Pike real estate is 44 years old
The Rental Market in Pike
- Renters make up 5.2% of the Pike population
- 0.0% of houses and apartments in Pike, 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.