Chengwatana, MN is a great place to live if you're looking for affordable housing. The median value of homes in the city stands at $233,900, which is well below the US national house median value of $338,100. In the last year, the US house appreciation rate was 8.27%, while Chengwatana's 1 year house appreciation rate was 6.66%. This indicates that housing in Chengwatana is more affordable and reasonable than other parts of the country, making it an attractive option for those seeking to buy or rent a home.
The median home cost in Chengwatana is $233,900. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Chengwatana is up 12.2%.
Average Age of Homes
- The median age of Chengwatana real estate is 35 years old
The Rental Market in Chengwatana
- Renters make up 7.7% of the Chengwatana population
- 1.3% of houses and apartments in Chengwatana, 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.