The housing in Bruce, MN is quite attractive to potential buyers due to its median value of $250,300. This is significantly lower than the US median house value of $338,100 and although the one year appreciation rate for houses in Bruce, MN is slightly lower than that of the US (7.75% compared to 8.27%), it still offers a great opportunity for potential buyers to invest in a home at an advantageous price. With its relatively low cost and good appreciation rate, Bruce, MN is an excellent choice for those looking to purchase a house.
The median home cost in Bruce is $250,300. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Bruce is up 13.6%.
Average Age of Homes
- The median age of Bruce real estate is 27 years old
The Rental Market in Bruce
- Renters make up 12.4% of the Bruce population
- 0.0% of houses and apartments in Bruce, 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.