Housing in Preble, MN is currently valued at a median of $297,300, which is lower than the US House Median Value of $338,100. Although the US 1 year House Appreciation is 8.27%, the House 1 year appreciation in Preble, MN is 6.78%. This suggests that home prices in Preble are rising at a slower pace than the national average. Nevertheless, given that houses are still appreciating in value and the median price remains below the US average, buying a house in Preble remains an attractive option for many prospective homeowners.
The median home cost in Preble is $297,300. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Preble is up 11.4%.
Average Age of Homes
- The median age of Preble real estate is 69 years old
The Rental Market in Preble
- Renters make up 4.7% of the Preble population
- 0.0% of houses and apartments in Preble, 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.