Fairfax township, MN is an area with a strong housing market. The median value of houses in the township is $292,700, which is significantly lower than the US House median value of $338,100. However, Fairfax township has experienced a higher rate of house appreciation over the last year at 9.54%, compared to the US 1 year House Appreciation which was 8.27%. This makes Fairfax township an attractive area for both buyers and sellers looking to capitalize on a strong housing market.
The median home cost in Fairfax township (Polk County) is $292,700. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Fairfax township (Polk County) is up 14.7%.
Average Age of Homes
- The median age of Fairfax township (Polk County) real estate is 45 years old
The Rental Market in Fairfax township (Polk County)
- Renters make up 11.8% of the Fairfax township (Polk County) population
- 0.0% of houses and apartments in Fairfax township (Polk County), 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.