The housing market in Trimont, MN is a great opportunity for those looking to buy a home. The median value of a house in this city is currently $158,900, which is much lower than the US median value of $338,100. Additionally, the 1 year appreciation rate for houses in Trimont is 9.54%, which is higher than the national average of 8.27%. This makes it an excellent time to invest in real estate here as the gains are promising and prices are still relatively low.
The median home cost in Trimont is $158,900. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Trimont is up 14.7%.
Average Age of Homes
- The median age of Trimont real estate is 66 years old
The Rental Market in Trimont
- Renters make up 18.0% of the Trimont population
- 1.6% of houses and apartments in Trimont, 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.