The housing market in Wright, MN is booming. The median value of homes in the city is $194,300 which is significantly lower than the US median value of $338,100. In addition, the one year house appreciation rate for Wright is 13.08%, higher than the US rate of 8.27%. This indicates that housing in this area is a great investment and a desirable place to live. With its low median home prices and high appreciation rates, it’s no wonder people are flocking to this area for their next home purchase.
The median home cost in Wright is $194,300. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Wright is up 13.2%.
Average Age of Homes
- The median age of Wright real estate is 43 years old
The Rental Market in Wright
- Renters make up 21.0% of the Wright population
- 0.0% of houses and apartments in Wright, 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.