The housing market in Espelie, MN is highly desirable and appreciated. The median value of housing in Espelie is $282,800 which is lower than the US house median value of $338,100, however appreciation for houses in Espelie over the past year has been higher with a 9.54% increase compared to the US 1 year house appreciation of 8.27%. This makes Espelie an attractive option for those looking for a great value within the housing market.
The median home cost in Espelie is $282,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Espelie is up 14.7%.
Average Age of Homes
- The median age of Espelie real estate is 61 years old
The Rental Market in Espelie
- Renters make up 5.7% of the Espelie population
- 0.0% of houses and apartments in Espelie, 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.