Elba township, MN has a median housing value of $430,700 which is higher than the US median housing value of $338,100. Over the past year, Elba township has experienced a 6.78% growth in house appreciation compared to 8.27% national average. This indicates that Elba is becoming an increasingly desirable place for those looking to invest in housing and offers more potential for return on investment than other parts of the country.
The median home cost in Elba township is $430,700. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Elba township is up 11.4%.
Average Age of Homes
- The median age of Elba township real estate is 24 years old
The Rental Market in Elba township
- Renters make up 2.6% of the Elba township population
- 5.1% of houses and apartments in Elba township, 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.