The housing in Alvarado, MN has been on an upward trend in the past year, with the median value rising from $162,000 to an estimated $176,868. This is higher than the national average of 8.27%, showing that Alvarado's housing market is growing faster than other areas of the US. Additionally, Alvarado's median value remains significantly lower than the US median value of $338,100. This provides a great opportunity for potential buyers looking for an affordable home without sacrificing too much in terms of quality and amenities. Investing in Alvarado could be a wise decision as it will likely continue to appreciate over time.
The median home cost in Alvarado is $162,000. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Alvarado is up 14.7%.
Average Age of Homes
- The median age of Alvarado real estate is 54 years old
The Rental Market in Alvarado
- Renters make up 18.3% of the Alvarado population
- 0.0% of houses and apartments in Alvarado, 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.