Housing in Bagley, MN is quite affordable compared to the national average with a median value of $172,500, compared to the US median value of $338,100. Furthermore, the 1 year appreciation rate for housing in Bagley is significantly higher than the national average at 15.27%, compared to 8.27%. This means that homeowners in Bagley have seen a greater increase in their home's value in just one year than most other homeowners around the country. Consequently, Bagley is an attractive option for those looking for an affordable and appreciating housing market.
The median home cost in Bagley is $172,500. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Bagley is up 19.7%.
Average Age of Homes
- The median age of Bagley real estate is 59 years old
The Rental Market in Bagley
- Renters make up 40.7% of the Bagley population
- 2.7% of houses and apartments in Bagley, 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.