Vail, Minnesota is a small town that has experienced rapid growth in recent years. The housing median value in Vail is currently $255,000, which is significantly lower than the US House Median Value of $338,100. Despite this difference in median values, the house appreciation rate for Vail in the last year was 13.39%, which is 5.12% higher than the nationwide 1 year House Appreciation rate of 8.27%. This suggests that the housing market has been vibrant and active in Vail over the past year and it is likely to continue to see an increase in home values as demand increases with more people moving to the area.
The median home cost in Vail is $255,000. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Vail is up 12.6%.
Average Age of Homes
- The median age of Vail real estate is 78 years old
The Rental Market in Vail
- Renters make up 14.5% of the Vail population
- 0.0% of houses and apartments in Vail, 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.