Carpenter, MN is a great place to purchase a home. The median value of housing in the town is only $197,400, which is significantly lower than the US house median value of $338,100. In addition, Carpenter has seen an impressive appreciation rate of 14.33% in the past year compared to the 8.27% in the US overall. This demonstrates that Carpenter's housing market is very strong and presents a great opportunity for current and potential homeowners.
The median home cost in Carpenter is $197,400. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Carpenter is up 16.9%.
Average Age of Homes
- The median age of Carpenter real estate is 36 years old
The Rental Market in Carpenter
- Renters make up 3.0% of the Carpenter population
- 0.0% of houses and apartments in Carpenter, 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.