The housing market in Richardville, MN is thriving. The median value of homes in the area is $209,300, which is significantly lower than the US median value of $338,100. Despite this, the area has seen a healthy increase in home values over the last year with an appreciation rate of 9.54%, higher than the national average of 8.27%. This indicates that now is a great time to invest in real estate in Richardville for those looking to own or rent property in the area.
The median home cost in Richardville is $209,300. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Richardville is up 14.7%.
Average Age of Homes
- The median age of Richardville real estate is 64 years old
The Rental Market in Richardville
- Renters make up 17.0% of the Richardville population
- 0.0% of houses and apartments in Richardville, 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.