Round Lake, MN is a great place to live when it comes to housing. The median value of homes in Round Lake is $131,400, which is significantly lower than the US median home value of $338,100. Additionally, the one year house appreciation rate for Round Lake was 9.54%, higher than the US average of 8.27%. This makes Round Lake an especially attractive option for potential homeowners looking for a good deal.
The median home cost in Round Lake is $131,400. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Round Lake is up 14.7%.
Average Age of Homes
- The median age of Round Lake real estate is 56 years old
The Rental Market in Round Lake
- Renters make up 27.0% of the Round Lake population
- 8.7% of houses and apartments in Round 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.