The housing market in Blackberry, MN is quite robust, with the median value of homes in the area estimated to be $243,000. This figure is significantly less than the US median housing value of $338,100 but in the past year Blackberry has seen a much higher rate of appreciation; 13.08%, almost double the national average of 8.27%. This suggests that investing in property there could be a sound financial move for those looking to capitalize on the rapidly growing market.
The median home cost in Blackberry is $243,000. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Blackberry is up 13.2%.
Average Age of Homes
- The median age of Blackberry real estate is 28 years old
The Rental Market in Blackberry
- Renters make up 1.8% of the Blackberry population
- 0.0% of houses and apartments in Blackberry, 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.