Bellechester, Minnesota is a great place to buy a house. The median housing value there is $185,500, which is significantly lower than the U.S. median value of $338,100. While the U.S. had an 8.27% appreciation in house values over the past year, Bellechester's appreciation was slightly slower at 6.66%. Despite this lower appreciation rate Bellechester still remains an attractive option for potential home buyers looking for a more budget-friendly option compared to many other areas in the country.
The median home cost in Bellechester is $185,500. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Bellechester is up 12.2%.
Average Age of Homes
- The median age of Bellechester real estate is 49 years old
The Rental Market in Bellechester
- Renters make up 13.4% of the Bellechester population
- 0.0% of houses and apartments in Bellechester, 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.