The housing in Mentor, WI is relatively affordable with a median value of $109,600 compared to the US median of $338,100. This value has seen a rapid increase over the last year, with an appreciation rate of 14.18%, more than double the US appreciation rate of 8.27%. With such a high appreciation rate, it seems likely that this trend will continue in the future, making Mentor an ideal place to invest in housing.
The median home cost in Mentor is $109,600. Home appreciation the last 10 years has been 87.4%. Home Appreciation in Mentor is up 16.3%.
Average Age of Homes
- The median age of Mentor real estate is 55 years old
The Rental Market in Mentor
- Renters make up 13.9% of the Mentor population
- 0.0% of houses and apartments in Mentor, 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.