The housing market in Fawn Lake, MN is thriving, with a median value of $268,100 which is significantly lower than the US median value of $338,100. The US saw an 8.27% appreciation in house values over the past year, but Fawn Lake experienced an even higher rate of 12.38%! This makes Fawn Lake an attractive option for potential buyers and investors who are looking for a good return on their investment. With a strong housing market and increasing values, it's no surprise that Fawn Lake remains a desirable place to live.
The median home cost in Fawn Lake is $268,100. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Fawn Lake is up 20.4%.
Average Age of Homes
- The median age of Fawn Lake real estate is 24 years old
The Rental Market in Fawn Lake
- Renters make up 11.1% of the Fawn Lake population
- 1.9% of houses and apartments in Fawn Lake, 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.