The housing market in Bloom, MN is thriving. The median value of homes in the area is $195,700, lower than the US median house value of $338,100. However, the 1 year house appreciation rate for homes in Bloom is 9.54%, which is higher than the national rate of 8.27%. This shows that the area is experiencing healthy growth and has become a desirable place to live.
The median home cost in Bloom is $195,700. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Bloom is up 14.7%.
Average Age of Homes
- The median age of Bloom real estate is 76 years old
The Rental Market in Bloom
- Renters make up 17.6% of the Bloom population
- 0.0% of houses and apartments in Bloom, 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.