The housing market in Flora, MN has been booming with a median value of $318,100. This is significantly lower than the US median house value of $338,100. But the 1 year appreciation rate of 13.39%, which is more than 5 percentage points higher than the US's 8.27%, shows that demand for housing in Flora is on the rise and prices are growing as a result. With more people looking to move into the area and property values rising rapidly, now is a great time to invest in real estate in Flora, MN.
The median home cost in Flora is $318,100. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Flora is up 12.6%.
Average Age of Homes
- The median age of Flora real estate is 78 years old
The Rental Market in Flora
- Renters make up 8.0% of the Flora population
- 0.0% of houses and apartments in Flora, 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.