Porter, MN is a great place to live for those looking for an affordable home. The median housing value in Porter is $190,700, significantly lower than the US House Median Value of $338,100. In addition to the price savings, the 1 year house appreciation rate in Porter is 13.39%, much higher than the 8.27% seen nationally during that same period. This makes Porter an attractive option for potential homeowners who want to get more bang for their buck when buying a property.
The median home cost in Porter is $190,700. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Porter is up 12.6%.
Average Age of Homes
- The median age of Porter real estate is 59 years old
The Rental Market in Porter
- Renters make up 24.4% of the Porter population
- 3.4% of houses and apartments in Porter, 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.