The housing market in Collins, MN is quite strong. The median house value in Collins is $369,800, which is significantly higher than the US median house value of $338,100. Despite the higher values, the appreciation rate for houses in Collins over the past year has been 6.82%, slightly lower than the US 1 year appreciation rate of 8.27%. This indicates that while housing prices are increasing, they are not doing so at a significant pace.
The median home cost in Collins is $369,800. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Collins is up 11.0%.
Average Age of Homes
- The median age of Collins real estate is 51 years old
The Rental Market in Collins
- Renters make up 6.5% of the Collins population
- 0.0% of houses and apartments in Collins, 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.