The housing market in Bergen, MN is quite strong. The median value of homes in the area is $479,100, which is significantly higher than the national median value of $338,100. This indicates that those looking to buy or invest in property in Bergen may be able to gain a good return on their investment. In addition, over the course of one year, the appreciation rate of homes in Bergen was 6.82%, slightly lower than the 8.27% average national appreciation rate over the same period. All this points to a healthy and stable real estate market in Bergen, MN.
The median home cost in Bergen is $479,100. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Bergen is up 11.0%.
Average Age of Homes
- The median age of Bergen real estate is 40 years old
The Rental Market in Bergen
- Renters make up 5.9% of the Bergen population
- 1.4% of houses and apartments in Bergen, 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.