The housing market in Stephen, MN is currently thriving. The median value of a home in the area is $98,800, which is significantly lower than the US median value of $338,100. Home appreciation in Stephen has also been higher than elsewhere in the US, reaching 9.54% over the last year compared to 8.27% nationwide. This shows that Stephen is an attractive and affordable place to live, making it an ideal location for people looking to buy a home.
The median home cost in Stephen is $98,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Stephen is up 14.7%.
Average Age of Homes
- The median age of Stephen real estate is 45 years old
The Rental Market in Stephen
- Renters make up 20.8% of the Stephen population
- 6.3% of houses and apartments in Stephen, 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.