Housing in Bogus Brook, MN is a great investment with the median value of $314,900, which is significantly lower than the U.S. house median value of $338,100. Moreover, the 1 year house appreciation rate in Bogus Brook is 7.47%, which is slightly lower than the U.S. average 1 year appreciation rate of 8.27%. This means that homes will appreciate slightly less quickly than other parts of the U.S., but still represent a great opportunity for potential buyers and investors to capitalize on real estate prices that are lower than the national average.
The median home cost in Bogus Brook is $314,900. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Bogus Brook is up 12.8%.
Average Age of Homes
- The median age of Bogus Brook real estate is 24 years old
The Rental Market in Bogus Brook
- Renters make up 4.3% of the Bogus Brook population
- 0.0% of houses and apartments in Bogus Brook, 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.