Borup, MN is a great place to live with its housing market boasting a median value of $180,200, which is below the US median house value of $338,100. Despite the lower cost of living in Borup, residents also benefit from similar appreciation trends as seen in the US housing market. Over the past year, housing prices have appreciated by 8.21% in Borup just slighty off from the national rate of 8.27%. This makes Borup an excellent choice for those looking for affordable housing options without sacrificing appreciation potential.
The median home cost in Borup is $180,200. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Borup is up 13.6%.
Average Age of Homes
- The median age of Borup real estate is 41 years old
The Rental Market in Borup
- Renters make up 11.9% of the Borup population
- 0.0% of houses and apartments in Borup, 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.