Fairhaven, MN is a great area to consider when looking for housing. The median value of houses in Fairhaven is $187,300 which is much lower than the national median value of $338,100. Although the national house appreciation rate over the last year was 8.27%, the appreciation rate in Fairhaven was slightly lower at 6.82%. This means that housing in Fairhaven still has a lot of potential for appreciation and would be a wise investment for those looking to buy.
The median home cost in Fairhaven is $187,300. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Fairhaven is up 11.0%.
Average Age of Homes
- The median age of Fairhaven real estate is 47 years old
The Rental Market in Fairhaven
- Renters make up 12.0% of the Fairhaven population
- 0.0% of houses and apartments in Fairhaven, 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.