Federal Dam, MN is a great place to live and a great investment for homeowners. The median value for housing in Federal Dam is $234,700, which is much lower than the US House median value of $338,100. This makes it an attractive choice for potential buyers looking to get a good deal in real estate. Additionally, the 1 year house appreciation in Federal Dam was 15.27%, significantly higher than the national 1 year house appreciation rate of 8.27%. This indicates that investing in housing in Federal Dam is a wise decision and provides numerous benefits to those looking to call this area home.
The median home cost in Federal Dam is $234,700. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Federal Dam is up 19.7%.
Average Age of Homes
- The median age of Federal Dam real estate is 36 years old
The Rental Market in Federal Dam
- Renters make up 10.0% of the Federal Dam population
- 0.0% of houses and apartments in Federal Dam, 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.