In Bear Park, MN, the median value of houses is $171,700. This is slightly lower than the US House median value of $338,100. Nevertheless, both locations experienced a similar amount of appreciation in housing over the past year with 8.21% for Bear Park and 8.27% for the US as a whole. Overall, this suggests that houses in Bear Park remain affordable while still providing a solid return on investment for homeowners.
The median home cost in Bear Park is $171,700. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Bear Park is up 13.6%.
Average Age of Homes
- The median age of Bear Park real estate is 56 years old
The Rental Market in Bear Park
- Renters make up 1.1% of the Bear Park population
- 0.0% of houses and apartments in Bear Park, 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.