Barnesville, MN has a median housing value of $252,700 which is substantially lower than the U.S. median of $338,100. Despite the cost difference, the 1-year house appreciation in Barnesville is extremely close to the national rate at 8.21%, only 0.06 percentage points lower. This indicates that although prices may be lower in Barnesville, housing values are increasing at approximately the same rate as the rest of the country and can still be seen as a sound investment in this area.
The median home cost in Barnesville is $252,700. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Barnesville is up 13.6%.
Average Age of Homes
- The median age of Barnesville real estate is 44 years old
The Rental Market in Barnesville
- Renters make up 15.1% of the Barnesville population
- 0.0% of houses and apartments in Barnesville, 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.