Waldorf, MN is an affordable place to live. The median value of housing in the city is $181,600, which is significantly lower than the US median house value of $338,100. In addition, house appreciation in Waldorf has outpaced the US 1 year appreciation rate of 8.27%, with a 1 year appreciation rate of 11.33%. This means that local homeowners are able to enjoy greater returns on their investments than if they were investing in other parts of the country. Furthermore, Waldorf's housing market remains relatively steady due to its location in Minnesota's largest metropolitan area. This makes it an ideal place to live for those looking for a combination of low prices and strong investment opportunities.
The median home cost in Waldorf is $181,600. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Waldorf is up 11.6%.
Average Age of Homes
- The median age of Waldorf real estate is 56 years old
The Rental Market in Waldorf
- Renters make up 22.6% of the Waldorf population
- 4.2% of houses and apartments in Waldorf, 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.