The housing market in Sullivan, MN has been steadily increasing over the past year. The median value of a home in Sullivan is currently $269,400; this is lower than the US median value of $338,100. However, despite the lower median value, the 1-year house appreciation rate for Sullivan is 9.54%, which is higher than the US 1-year house appreciation rate of 8.27%. These figures demonstrate that Sullivan is a good place to invest in real estate and make a long term return on one's investment.
The median home cost in Sullivan is $269,400. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Sullivan is up 14.7%.
Average Age of Homes
- The median age of Sullivan real estate is 78 years old
The Rental Market in Sullivan
- Renters make up 5.9% of the Sullivan population
- 0.0% of houses and apartments in Sullivan, 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.