Bungo, MN is a great place to live if you’re looking for affordable housing. The median value of houses in Bungo is $194,000, which is about $144,100 less than the US median house value. Furthermore, the 1 year house appreciation rate in Bungo is 12.38%, compared to 8.27% across the US. This makes Bungo an attractive option for those looking for a good deal on a home and who want to take advantage of house values that are steadily increasing.
The median home cost in Bungo is $194,000. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Bungo is up 20.4%.
Average Age of Homes
- The median age of Bungo real estate is 31 years old
The Rental Market in Bungo
- Renters make up 5.5% of the Bungo population
- 0.0% of houses and apartments in Bungo, 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.