The housing market in Savannah, MN is performing well compared to the national average. The median value of a house in Savannah is $406,200, which is significantly higher than the national median value of $338,100. Furthermore, the one-year appreciation rate of houses in Savannah is 12.38%, which is much higher than the national average of 8.27%. This suggests that home prices are continuing to increase steadily and offer a great investment opportunity for potential buyers.
The median home cost in Savannah is $406,200. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Savannah is up 20.4%.
Average Age of Homes
- The median age of Savannah real estate is 23 years old
The Rental Market in Savannah
- Renters make up 3.3% of the Savannah population
- 0.0% of houses and apartments in Savannah, 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.