Schoolcraft, MN is a great place to live for those looking for housing. The median value of homes in the area is $271,100, which is significantly lower than the US median value of $338,100. Additionally, Schoolcraft has seen a 1 year house appreciation rate of 12.38%, which is higher than the US average of 8.27%. This makes it an ideal market for people looking to invest in property or purchase a home at a reasonable price and with good potential for appreciation.
The median home cost in Schoolcraft is $271,100. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Schoolcraft is up 20.4%.
Average Age of Homes
- The median age of Schoolcraft real estate is 18 years old
The Rental Market in Schoolcraft
- Renters make up 3.0% of the Schoolcraft population
- 0.0% of houses and apartments in Schoolcraft, 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.