Finlayson, MN is a vibrant and thriving town with a great housing market. The median value of houses in the area is $255,600, which is significantly lower than the US median house value of $338,100. Despite being lower than the national average, Finlayson has had an impressive 1 year house appreciation rate of 13.08%, which is much higher than the US average 1 year house appreciation rate of 8.27%. This suggests that homes in Finlayson are increasing in value at an above average rate, making it an attractive investment opportunity for potential homebuyers.
The median home cost in Finlayson is $255,600. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Finlayson is up 13.2%.
Average Age of Homes
- The median age of Finlayson real estate is 41 years old
The Rental Market in Finlayson
- Renters make up 40.7% of the Finlayson population
- 6.9% of houses and apartments in Finlayson, 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.