Frazee, MN is an ideal place to consider when looking for a house. The median value of houses in the area is $166,500, which is much lower than the US House Median Value of $338,100. Additionally, the house appreciation rate in Frazee over the past year has been 8.21%, matching the national average of 8.27%. This indicates that investing in a home in this area can be a good option and that you can expect your property to appreciate at a steady rate over time. With its relatively low housing prices, Frazee is a great place to find an affordable home with good potential for growth.
The median home cost in Frazee is $166,500. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Frazee is up 13.6%.
Average Age of Homes
- The median age of Frazee real estate is 55 years old
The Rental Market in Frazee
- Renters make up 30.2% of the Frazee population
- 3.8% of houses and apartments in Frazee, 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.