The housing market in Skyline, MN is rapidly growing. The median value of a house in the area is $306,600, which is lower than the national median value of $338,100. However, Skyline has experienced greater appreciation in home values over the past year with an 11.33% increase compared to the US average of 8.27%. This suggests that the local housing market is experiencing strong growth and may be a good investment opportunity for prospective buyers.
The median home cost in Skyline is $306,600. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Skyline is up 11.6%.
Average Age of Homes
- The median age of Skyline real estate is 60 years old
The Rental Market in Skyline
- Renters make up 11.3% of the Skyline population
- 0.0% of houses and apartments in Skyline, 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.