The housing market in Biscay, Minnesota is an attractive option for buyers and investors alike. The median value of a home in Biscay is $178,300 which is significantly lower than the US median of $338,100. Even though the appreciation rate has not been as high as the national average with 6.82%, it still provides a good opportunity to invest in the local real estate market. Homeowners benefit from the low prices while investors can capitalize on their investments with potential growth over time.
The median home cost in Biscay is $178,300. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Biscay is up 11.0%.
Average Age of Homes
- The median age of Biscay real estate is 78 years old
The Rental Market in Biscay
- Renters make up 2.4% of the Biscay population
- 0.0% of houses and apartments in Biscay, 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.