St. Joseph, MN is a great place to buy a house, as evidenced by its housing median value of $193,300. This is significantly lower than the US median value of $338,100. Further evidence of this affordability can be seen in the fact that St. Joseph has experienced a 1 year house appreciation rate of 7.75%, just shy of the US rate of 8.27%. Overall, St. Joseph is an excellent market for purchasing a home due to its low median value and appreciation rate compared to national averages.
The median home cost in St. Joseph is $193,300. Home appreciation the last 10 years has been 77.8%. Home Appreciation in St. Joseph is up 13.6%.
Average Age of Homes
- The median age of St. Joseph real estate is 27 years old
The Rental Market in St. Joseph
- Renters make up 20.6% of the St. Joseph population
- 2.0% of houses and apartments in St. Joseph, 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.