The housing market in Sanford, MN is very strong. The median value of a house is $242,600, which is lower than the US House Median Value of $338,100. However, the 1 year appreciation rate for both Sanford and the US are nearly identical at 8.19% and 8.27%, respectively. This shows that while Sanford homes may cost less than other areas of the country, they still appreciate at a consistent rate and remain competitive with the rest of the nation's housing markets.
The median home cost in Sanford is $242,600. Home appreciation the last 10 years has been 73.4%. Home Appreciation in Sanford is up 13.6%.
Average Age of Homes
- The median age of Sanford real estate is 68 years old
The Rental Market in Sanford
- Renters make up 5.8% of the Sanford population
- 0.0% of houses and apartments in Sanford, 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.