The housing market in Akeley, MN is doing well compared to the overall US housing market. The median value of homes in Akeley is $250,500 which is lower than the US house median value of $338,100. However, the 1 year appreciation rate in Akeley is 12.38%, which is higher than the US 1 year house appreciation rate of 8.27%. This indicates that the housing market in Akeley has been growing at a faster rate than typical for the country over the past year.
The median home cost in Akeley is $250,500. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Akeley is up 20.4%.
Average Age of Homes
- The median age of Akeley real estate is 47 years old
The Rental Market in Akeley
- Renters make up 10.9% of the Akeley population
- 0.0% of houses and apartments in Akeley, 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.