The housing market in Arrowhead, MN is doing quite well. According to the data provided, the median value of a home in Arrowhead is $244,000, which is significantly lower than the US median value of $338,100. However, what makes Arrowhead unique is that while the US house appreciation rate for one year was 8.27%, Arrowhead posted a 13.08% increase in housing values over that same period! This indicates that housing in Arrowhead is experiencing strong growth and is an attractive option for potential buyers.
The median home cost in Arrowhead is $244,000. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Arrowhead is up 13.2%.
Average Age of Homes
- The median age of Arrowhead real estate is 27 years old
The Rental Market in Arrowhead
- Renters make up 5.6% of the Arrowhead population
- 0.0% of houses and apartments in Arrowhead, 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.