Winchester, MN has a median housing value of $198,700, which is significantly lower than the US median housing value of $338,100. Despite this difference in cost, Winchester's 1 year house appreciation rate is very close to the national average at 8.21%, only slightly lower than the US rate of 8.27%. Despite its lower cost of living and relatively affordable homes, Winchester still offers potential homeowners a solid return on investment.
The median home cost in Winchester is $198,700. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Winchester is up 13.6%.
Average Age of Homes
- The median age of Winchester real estate is 78 years old
The Rental Market in Winchester
- Renters make up 7.4% of the Winchester population
- 0.0% of houses and apartments in Winchester, 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.