The housing market in Bowstring, MN is currently thriving. The median value of a house in this area is $232,500, which is significantly lower than the US median value of $338,100. This makes Bowstring an attractive option for potential homeowners as they can get more for their money compared to other areas. Additionally, while the US has seen 1-year house appreciation of 8.27%, Bowstring has seen a remarkable 15.27% increase in home prices over the past year. This shows that investing in property in Bowstring is a wise choice and could result in further gains down the line.
The median home cost in Bowstring is $232,500. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Bowstring is up 19.7%.
Average Age of Homes
- The median age of Bowstring real estate is 36 years old
The Rental Market in Bowstring
- Renters make up 4.2% of the Bowstring population
- 0.0% of houses and apartments in Bowstring, 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.