The housing market in Danvers, MN is booming. The median value of homes in the area is currently $297,300, which is significantly lower than the US median value of $338,100. Additionally, the 1 year house appreciation rate in Danvers is 13.39%, which is higher than the national rate of 8.27%. This indicates that prices for homes in Danvers will continue to rise over the year and make it an attractive place to buy a home.
The median home cost in Danvers is $297,300. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Danvers is up 12.6%.
Average Age of Homes
- The median age of Danvers real estate is 68 years old
The Rental Market in Danvers
- Renters make up 20.0% of the Danvers population
- 0.0% of houses and apartments in Danvers, 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.