Ransom, MN is a great place to own a home. The median value of the housing in this area is $302,800, which is slightly lower than the US median value of $338,100. Despite the relatively lower house prices compared to the national average, Ransom has seen impressive growth in the past year with an appreciation of 9.54%, which is higher than the national average of 8.27%. This makes Ransom an attractive place for those looking to invest in real estate as it offers good value and potential for capital gain.
The median home cost in Ransom is $302,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Ransom is up 14.7%.
Average Age of Homes
- The median age of Ransom real estate is 65 years old
The Rental Market in Ransom
- Renters make up 19.2% of the Ransom population
- 0.0% of houses and apartments in Ransom, 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.