The housing median value in Rabbit Lake, MN is considerably higher than the US house median value at $479,600 compared to $338,100. The appreciation rate of houses in Rabbit Lake, MN is also much higher than the US average at 12.38%, compared to 8.27%. This reflects the attractive nature of Rabbit Lake as a place to buy real estate and shows the potential for great returns on investment for those who purchase there.
The median home cost in Rabbit Lake is $479,600. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Rabbit Lake is up 20.4%.
Average Age of Homes
- The median age of Rabbit Lake real estate is 25 years old
The Rental Market in Rabbit Lake
- Renters make up 4.0% of the Rabbit Lake population
- 0.0% of houses and apartments in Rabbit Lake, 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.