The housing market in Biwabik township, MN is strong and thriving. The median value of homes in the township is $247,900 which is significantly lower than the US median value of $338,100. Despite this discrepancy, the past year saw an impressive house appreciation rate of 13.08%, which is higher than the US one-year appreciation rate of 8.27%. With such promising rates, it’s no wonder that buyers are flocking to Biwabik township to purchase a home and take advantage of these great conditions.
The median home cost in Biwabik township is $247,900. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Biwabik township is up 13.2%.
Average Age of Homes
- The median age of Biwabik township real estate is 43 years old
The Rental Market in Biwabik township
- Renters make up 5.2% of the Biwabik township population
- 2.3% of houses and apartments in Biwabik township, 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.