The housing market in Belgrade, MN is quite robust, boasting a median value of $150,200. This is substantially lower than the US house median value of $338,100. While the US has seen a 1 year appreciation rate of 8.27%, Belgrade has stayed just slightly behind at 7.75%. Despite this slight difference in appreciation rates, Belgrade's housing market is still very much alive and well with many buyers looking for their dream homes in the area.
The median home cost in Belgrade is $150,200. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Belgrade is up 13.6%.
Average Age of Homes
- The median age of Belgrade real estate is 57 years old
The Rental Market in Belgrade
- Renters make up 23.2% of the Belgrade population
- 3.3% of houses and apartments in Belgrade, 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.