Ponemah, MN has a housing median value of $104,300, which is much lower than the US median value of $338,100. However, the one-year house appreciation in Ponemah is much higher than the national average at 15.27%, compared to 8.27% for the US. This suggests that there may be more potential for possible housing investment opportunities in Ponemah than in other parts of the country. Overall, it appears that Ponemah has an attractive and increasing housing market that could make it worth considering as a place to live or invest in real estate.
The median home cost in Ponemah is $104,300. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Ponemah is up 19.7%.
Average Age of Homes
- The median age of Ponemah real estate is 34 years old
The Rental Market in Ponemah
- Renters make up 61.9% of the Ponemah population
- 0.0% of houses and apartments in Ponemah, 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.