Spruce, MN has a median housing value of $268,800 and is significantly lower than the US median housing value of $338,100. However, house appreciation in Spruce, MN has outperformed the US average over the past year with an appreciation rate of 9.54%, compared to 8.27% in the US. This suggests that despite lower prices in Spruce, MN, it remains an attractive option for potential homebuyers due to its strong investment performance.
The median home cost in Spruce is $268,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Spruce is up 14.7%.
Average Age of Homes
- The median age of Spruce real estate is 39 years old
The Rental Market in Spruce
- Renters make up 8.4% of the Spruce population
- 0.0% of houses and apartments in Spruce, 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.