The housing market in Cedar Mills, MN is significantly lower than the US median value of $338,100. The median value for homes in Cedar Mills is $80,200. Despite being lower than the US median, the housing market in Cedar Mills has appreciated by 6.82% over the past year which is slightly less than the US appreciation rate of 8.27%. This indicates that while Cedar Mills offers more affordable housing compared to the rest of the country, it is still a desirable location for homeowners with steady increases in property values.
The median home cost in Cedar Mills is $80,200. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Cedar Mills is up 11.0%.
Average Age of Homes
- The median age of Cedar Mills real estate is 78 years old
The Rental Market in Cedar Mills
- Renters make up 0.0% of the Cedar Mills population
- 0.0% of houses and apartments in Cedar Mills, 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.