Farming, MN is a great place to live for many reasons, but one of the most noteworthy is its real estate market. The median value of a home in Farming, MN is $438,700 which is significantly higher than the US median value of $338,100. This means that with proper investment, homeowners may see an increase in their home's value. Although the US has seen an appreciation rate of 8.27%, Farming, MN has seen an even higher appreciation rate of 7.75%. This makes investing in a home in Farming, MN a smart decision as homeowners may expect to see a healthy return on their investment.
The median home cost in Farming is $438,700. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Farming is up 13.6%.
Average Age of Homes
- The median age of Farming real estate is 33 years old
The Rental Market in Farming
- Renters make up 14.3% of the Farming population
- 0.0% of houses and apartments in Farming, 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.