Falk, MN is a small town with a median housing value of $90,300, which is significantly lower than the US median house value of $338,100. Despite this lower starting point, the 1 year appreciation rate for housing in Falk has been much higher at 15.27%, far surpassing the national average of 8.27%. This suggests that Falk may be an excellent opportunity for those looking for investment properties or simply to purchase a home at a relatively low cost that could lead to great returns in the future.
The median home cost in Falk is $90,300. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Falk is up 19.7%.
Average Age of Homes
- The median age of Falk real estate is 44 years old
The Rental Market in Falk
- Renters make up 9.3% of the Falk population
- 0.0% of houses and apartments in Falk, 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.