Housing in Forada, MN is quite affordable, with a median value of $225,000. This is significantly lower than the US House Median Value of $338,100. The US 1 year house appreciation rate is 8.27%, while Forada has a slightly lower but still respectable rate of 7.75%. With its affordable cost and good return potential, Forada could be an attractive option for those seeking to buy into the housing market.
The median home cost in Forada is $225,000. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Forada is up 13.6%.
Average Age of Homes
- The median age of Forada real estate is 27 years old
The Rental Market in Forada
- Renters make up 8.1% of the Forada population
- 0.0% of houses and apartments in Forada, 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.