The housing market in Rock Lake, MN is doing well. The median house value in the area is $390,600, which is 16.6% higher than the US median house value of $338,100. In the last year alone, the US median house appreciation rate was 8.27%, but Rock Lake fared even better with a 9.54% appreciation rate over the same period of time. This shows that real estate prices are increasing rapidly in Rock Lake and make it an attractive option for potential homebuyers and investors alike.
The median home cost in Rock Lake is $390,600. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Rock Lake is up 14.7%.
Average Age of Homes
- The median age of Rock Lake real estate is 42 years old
The Rental Market in Rock Lake
- Renters make up 7.8% of the Rock Lake population
- 0.0% of houses and apartments in Rock 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.