Housing in Blooming Prairie, MN is relatively affordable compared to the US median value of $338,100 with a median value of $212,800. Furthermore, the one-year appreciation rate for housing in Blooming Prairie is 6.78%, lower than the national average of 8.27%. This provides potential homebuyers with an opportunity to invest in a market that offers stable and consistent growth over time. With its affordable prices and reliable appreciation rate, Blooming Prairie may be an ideal place for anyone looking to purchase a home.
The median home cost in Blooming Prairie is $212,800. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Blooming Prairie is up 11.4%.
Average Age of Homes
- The median age of Blooming Prairie real estate is 58 years old
The Rental Market in Blooming Prairie
- Renters make up 20.0% of the Blooming Prairie population
- 1.9% of houses and apartments in Blooming Prairie, 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.