The housing market in Brooks, MN is very vibrant and growing. The median value of a house in Brooks is $147,000 which is significantly lower than the US House median value of $338,100. Additionally, the 1 year house appreciation rate for houses in Brooks is 9.54%, which is higher than the national average of 8.27%. This demonstrates that Brooks is a great place to invest in real estate since it boasts both affordability and potential for substantial growth.
The median home cost in Brooks is $147,000. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Brooks is up 14.7%.
Average Age of Homes
- The median age of Brooks real estate is 62 years old
The Rental Market in Brooks
- Renters make up 29.0% of the Brooks population
- 0.0% of houses and apartments in Brooks, 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.