Elmdale township, MN is home to a median housing value of $302,600, while the median house value in the United States is significantly higher at $338,100. The US annual appreciation rate for houses stands at 8.27%, while Elmdale has seen a relatively lower appreciation rate of 7.75% in the last year. Despite the lower appreciation rate in Elmdale, it still remains an attractive location for potential homeowners due to its lower cost of living and access to local amenities.
The median home cost in Elmdale township is $302,600. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Elmdale township is up 13.6%.
Average Age of Homes
- The median age of Elmdale township real estate is 33 years old
The Rental Market in Elmdale township
- Renters make up 7.2% of the Elmdale township population
- 0.0% of houses and apartments in Elmdale 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.