Housing in Wanamingo, MN is very affordable compared to the national average. The median value of a home in Wanamingo is $265,500, while the US house median value is much higher at $338,100. Despite this difference in prices, homes in Wanamingo still saw an appreciation of 6.78% over a one year period which is only slightly lower than the US one year house appreciation rate of 8.27%. This shows that although housing may be more affordable in Wanamingo, its market is still healthy and growing.
The median home cost in Wanamingo is $265,500. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Wanamingo is up 11.4%.
Average Age of Homes
- The median age of Wanamingo real estate is 41 years old
The Rental Market in Wanamingo
- Renters make up 26.3% of the Wanamingo population
- 0.0% of houses and apartments in Wanamingo, 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.