The housing market in Belvidere, MN is thriving. The median value of homes in the city is $427,500, a significant increase from the US median house value of $338,100. This means that over the last year there was a 6.66% appreciation in house values in Belvidere when compared to the national average appreciation of 8.27%. This indicates that Belvidere has seen steady and consistent growth in its housing market despite the turbulent economic times we are currently facing.
The median home cost in Belvidere is $427,500. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Belvidere is up 12.2%.
Average Age of Homes
- The median age of Belvidere real estate is 56 years old
The Rental Market in Belvidere
- Renters make up 13.1% of the Belvidere population
- 3.0% of houses and apartments in Belvidere, 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.