The housing market in Brevator, MN is flourishing. The median value of a house in the area is $271,300, which is significantly lower than the US median value of $338,100. However, the one year appreciation rate of 13.08% in Brevator far surpasses the US average appreciation rate of 8.27%, suggesting that there are plenty of incentives for potential buyers to invest in the region. As such, it looks like Brevator could be an ideal destination for those looking for a new home.
The median home cost in Brevator is $271,300. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Brevator is up 13.2%.
Average Age of Homes
- The median age of Brevator real estate is 42 years old
The Rental Market in Brevator
- Renters make up 16.8% of the Brevator population
- 0.7% of houses and apartments in Brevator, 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.