The housing market in Boyd, MN is quite remarkable. The median value of a house is $221,800, which is significantly lower than the US national median of $338,100. However, what really makes the housing market in Boyd stand out is that it has seen a 13.39% appreciation rate over the last year compared to the US national rate of 8.27%. This indicates that houses in Boyd are increasing in value at a much higher rate than the rest of the country. It is likely that this trend will continue due to Boyd's low costs and increased demand for housing.
The median home cost in Boyd is $221,800. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Boyd is up 12.6%.
Average Age of Homes
- The median age of Boyd real estate is 78 years old
The Rental Market in Boyd
- Renters make up 7.9% of the Boyd population
- 3.2% of houses and apartments in Boyd, 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.