The housing in Boy Lake, MN is quite lucrative with the median value of a home at $283,500. This is significantly lower than the US House Median Value of $338,100. Furthermore, homeowners in Boy Lake have been lucky to experience a higher 1 year House Appreciation rate of 15.27%, compared to the national average of 8.27%. All these factors contribute to making Boy Lake an attractive option for potential homeowners looking for a good investment opportunity.
The median home cost in Boy Lake is $283,500. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Boy Lake is up 19.7%.
Average Age of Homes
- The median age of Boy Lake real estate is 32 years old
The Rental Market in Boy Lake
- Renters make up 13.9% of the Boy Lake population
- 0.0% of houses and apartments in Boy Lake, 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.