The housing market in Stanchfield, MN is strong and stable. The median value for homes in Stanchfield is $340,700, which is slightly higher than the US house median of $338,100. Over the past year, homes in Stanchfield have appreciated by 6.66%, which is lower than the national average of 8.27%. This indicates that there are good buying opportunities available in Stanchfield for those looking to invest in real estate. The current low rates of appreciation also suggest that local real estate prices are unlikely to experience any major fluctuation over the near future.
The median home cost in Stanchfield is $340,700. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Stanchfield is up 12.2%.
Average Age of Homes
- The median age of Stanchfield real estate is 70 years old
The Rental Market in Stanchfield
- Renters make up 25.5% of the Stanchfield population
- 0.0% of houses and apartments in Stanchfield, 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.