Coon Rapids, MN is an attractive area for homeowners and real estate investors due to its low median housing value of $292,100 compared to the national median housing value of $338,100. While the US house appreciation rate over the past year was 8.27%, Coon Rapids saw a more modest increase of 4.79%. This lower house appreciation rate makes Coon Rapids an ideal place for buyers looking for an affordable market with potential for future growth.
The median home cost in Coon Rapids is $292,100. Home appreciation the last 10 years has been 89.0%. Home Appreciation in Coon Rapids is up 7.1%.
Average Age of Homes
- The median age of Coon Rapids real estate is 34 years old
The Rental Market in Coon Rapids
- Renters make up 21.9% of the Coon Rapids population
- 0.6% of houses and apartments in Coon Rapids, 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.